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

Shares of BTU Metals Corp. (CVE:BTU) traded down 16.7% during trading on Wednesday . 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 35% from the average session volume of 112,994 shares. The stock had previously closed at C$0.03.

BTU Metals Trading 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 company’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is 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.

About BTU Metals

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.