BTU Metals (CVE:BTU) Trading 25% Higher – What’s Next?

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price was up 25% on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 810,000 shares changed hands during mid-day 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 Up 25.0 %

The stock has a market capitalization of C$3.71 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The business’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$0.03. The company has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14.

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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