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

Shares of BTU Metals Corp. (CVE:BTUGet Free Report) 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 changed 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 Trading Up 25.0 %

The firm’s 50 day moving average is C$0.02 and its 200 day 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. The company has a market cap of C$3.71 million, a PE ratio of -3.00 and a beta of 1.81.

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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