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

BTU Metals Corp. (CVE:BTUGet Free Report) shares dropped 16.7% during mid-day trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 152,000 shares changed hands during 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 Price Performance

The company’s fifty day moving average is C$0.03 and its two-hundred day moving average is 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 firm has a market cap of C$3.71 million, a price-to-earnings 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.

Read More

Receive News & Ratings for BTU Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BTU Metals and related companies with MarketBeat.com's FREE daily email newsletter.