BTU Metals (CVE:BTU) Stock Price Down 16.7% – Time to Sell?

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price fell 16.7% during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. 152,000 shares changed hands 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 Stock Down 16.7 %

The stock has a market cap of C$3.71 million, a P/E ratio of -3.00 and a beta of 1.81. 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 business has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.03.

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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