Shares of BTU Metals Corp. (CVE:BTU – Get Free Report) rose 40% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 262,000 shares changed hands during mid-day trading, an increase of 122% from the average daily volume of 117,800 shares. The stock had previously closed at C$0.03.
BTU Metals Price Performance
The stock has a fifty day moving average of C$0.03 and a 200 day moving average of C$0.03. The stock has a market cap of C$5.20 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The company has a debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74.
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.
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