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

BTU Metals Corp. (CVE:BTU)’s share price traded up 25% during trading on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. 810,000 shares traded hands during 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 stock has a market cap of C$2.97 million, a PE ratio of -3.00 and a beta of 1.81. 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 50-day moving average of C$0.02 and a 200 day moving average of C$0.03.

BTU Metals Company Profile

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.