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

BTU Metals Corp. (CVE:BTUGet Free Report) shot up 25% on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. 810,000 shares changed hands during 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 Stock Down 20.0 %

The firm has a market capitalization of C$2.97 million, a PE ratio of -3.00 and a beta of 1.81. The stock has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of 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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