Shares of BTU Metals Corp. (CVE:BTU – Get Free Report) dropped 16.7% 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 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 Trading Up 16.7 %
The business has a 50 day moving average of C$0.03 and a two-hundred day moving average of 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 capitalization of C$5.20 million, a price-to-earnings ratio of -3.00 and a beta of 1.81.
About BTU Metals
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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