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

BTU Metals Corp. (CVE:BTUGet Free Report) shares dropped 16.7% during trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 152,000 shares traded hands during mid-day trading, an increase of 35% from the average daily volume of 112,994 shares. The stock had previously closed at C$0.03.

BTU Metals Stock Down 16.7 %

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 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The firm has a market cap of C$3.71 million, a PE 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.

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