BTU Metals (CVE:BTU) Stock Price Up 33.3% – What’s Next?

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price rose 33.3% during mid-day trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 322,000 shares traded hands during trading, an increase of 221% from the average daily volume of 100,364 shares. The stock had previously closed at C$0.05.

BTU Metals Stock Performance

The stock has a market cap of C$8.91 million, a P/E 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 has a 50 day simple moving average of C$0.05 and a 200 day simple moving average of C$0.04.

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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