BTU Metals (CVE:BTU) Shares Down 16.7% – Time to Sell?

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price fell 16.7% during trading on Tuesday . The company 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 Stock Performance

The firm has a market capitalization of C$4.46 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The company has a debt-to-equity ratio of 5.14, a quick ratio of 3.74 and a current ratio of 26.91. The company has a 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.03.

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.

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