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

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price shot 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 were traded 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 Price 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 company has a market cap of C$2.97 million, a PE ratio of -3.00 and a beta of 1.81. The stock has a 50-day simple moving average of C$0.02 and a 200 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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