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

BTU Metals Corp. (CVE:BTU) shot up 25% during trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. 188,100 shares were traded during trading, an increase of 20% from the average session volume of 157,253 shares. The stock had previously closed at C$0.02.

BTU Metals Stock Performance

The stock has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.03. 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 firm has a market cap of C$3.71 million, a price-to-earnings ratio of -3.00 and a beta of 1.81.

About BTU Metals

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.