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

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

BTU Metals Stock Performance

The business has a 50 day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03. 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 market cap of C$3.71 million, a P/E ratio of -3.00 and a beta of 1.81.

BTU Metals Company Profile

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.