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

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price was up 25% during mid-day trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 188,100 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 157,253 shares. The stock had previously closed at C$0.02.

BTU Metals Price Performance

The company’s 50-day simple moving average is C$0.02 and its 200 day simple 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. 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.

About BTU Metals

(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.

Further Reading

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