BTU Metals (CVE:BTU) Stock Price Up 25% – Here’s Why

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price was up 25% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 810,000 shares changed hands during mid-day trading, an increase of 394% from the average daily volume of 163,853 shares. The stock had previously closed at C$0.02.

BTU Metals Stock Performance

The firm 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 debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74. The firm has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.03.

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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