BTU Metals (CVE:BTU) Stock Price Down 16.7% – Here’s Why

Shares of BTU Metals Corp. (CVE:BTUGet Free Report) were down 16.7% during trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 152,000 shares traded hands during trading, an increase of 16% from the average daily volume of 130,739 shares. The stock had previously closed at C$0.03.

BTU Metals Stock Performance

The company has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14. The stock has a market cap of C$4.46 million, a PE ratio of -3.00 and a beta of 1.81. The business’s fifty day moving average is C$0.02 and its 200 day moving average is C$0.03.

About BTU Metals

(Get Free Report)

BTU Metals Corp. engages in the identification, exploration, and evaluation of mineral properties in Canada and Ireland. It explores for gold deposits. The company was formerly known as BTU Capital Corp. and changed its name to BTU Metals Corp. in August 2017. BTU Metals Corp. was incorporated in 2008 and is based in Vancouver, Canada.

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