BTU Metals (CVE:BTU) Stock Price Up 25% – What’s Next?

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

BTU Metals Stock Performance

The company’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.03. The stock has a market cap of C$3.71 million, a P/E ratio of -3.00 and a beta of 1.81. The company has a debt-to-equity ratio of 5.14, a quick ratio of 3.74 and a current ratio of 26.91.

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.

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