BTU Metals (CVE:BTU) Stock Price Up 25% – What’s Next?

Shares of BTU Metals Corp. (CVE:BTUGet Free Report) rose 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 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 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 company’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.03. The company has a debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74.

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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