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

BTU Metals Corp. (CVE:BTUGet Free Report) dropped 16.7% on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 152,000 shares were traded 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 Stock Performance

The company has a market cap of C$3.71 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The company has a current ratio of 26.91, a quick ratio of 3.74 and a debt-to-equity ratio of 5.14. The stock’s 50 day moving average price is C$0.03 and its 200 day moving average price is 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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