BTU Metals (CVE:BTU) Trading 20% Higher – Here’s Why

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price was up 20% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 379,500 shares traded hands during mid-day trading, an increase of 141% from the average daily volume of 157,741 shares. The stock had previously closed at C$0.03.

BTU Metals Trading Up 20.0 %

The company has a debt-to-equity ratio of 5.14, a quick ratio of 3.74 and a current ratio of 26.91. The company’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.03. The firm has a market capitalization of C$4.46 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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