BTU Metals (CVE:BTU) Stock Price Down 16.7% – Here’s Why

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price traded down 16.7% on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. 152,000 shares were traded during 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 Price Performance

The company’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.03. 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 market cap of C$4.46 million, a P/E 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.

Further Reading

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