BTU Metals (CVE:BTU) Shares Down 16.7% – Here’s What Happened

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price 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 Price Performance

The firm has a market capitalization of C$5.20 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The stock’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The company has a current ratio of 26.91, a quick ratio of 3.74 and a debt-to-equity ratio of 5.14.

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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