Shares of BTU Metals Corp. (CVE:BTU – Get Free Report) shot up 25% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 810,000 shares traded hands during mid-day trading, an increase of 394% from the average session volume of 163,853 shares. The stock had previously closed at C$0.02.
BTU Metals Stock Performance
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 stock has a market cap of C$3.71 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The stock’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.03.
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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