BTU Metals Corp. (CVE:BTU – Get Free Report) shot up 16.7% during mid-day trading on Tuesday . The company traded as high as C$0.11 and last traded at C$0.07. 2,863,185 shares changed hands during trading, an increase of 758% from the average session volume of 333,689 shares. The stock had previously closed at C$0.06.
BTU Metals Price Performance
The company’s 50 day moving average price is C$0.05 and its 200 day moving average price is 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 company has a market cap of C$10.40 million, a price-to-earnings ratio of -7.00 and a beta of 1.59.
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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