BTU Metals (CVE:BTU) Shares Down 10% – Here’s Why

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price traded down 10% during trading on Friday . The company traded as low as C$0.05 and last traded at C$0.05. 125,005 shares traded hands during mid-day trading, an increase of 44% from the average session volume of 86,586 shares. The stock had previously closed at C$0.05.

BTU Metals Stock Performance

The firm has a market capitalization of C$7.43 million, a PE ratio of -5.00 and a beta of 1.59. 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 50-day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05.

About BTU Metals

(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

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.