BTU Metals (CVE:BTU) Trading Down 16.7% – What’s Next?

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

BTU Metals Stock Performance

The company has a debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74. The firm’s 50 day moving average price is C$0.02 and its 200 day moving average price is C$0.03. The stock has a market capitalization of C$4.46 million, a P/E ratio of -3.00 and a beta of 1.81.

BTU Metals Company Profile

(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.

Further Reading

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