BTU Metals (CVE:BTU) Shares Down 16.7% – Here’s What Happened

Shares of BTU Metals Corp. (CVE:BTUGet Free Report) traded down 16.7% during trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. 152,000 shares were traded 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 Price 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 business has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of 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.

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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