BTU Metals (CVE:BTU) Stock Price Down 10% – Here’s What Happened

by · The Cerbat Gem

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

BTU Metals Stock Performance

The company has a 50 day moving average of C$0.05 and a two-hundred day moving average of C$0.05. 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 stock has a market capitalization of C$7.43 million, a PE ratio of -5.00 and a beta of 1.59.

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.

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