Shares of BTU Metals Corp. (CVE:BTU – Get Free Report) shot up 20% on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 379,500 shares changed hands during mid-day trading, an increase of 141% from the average session volume of 157,741 shares. The stock had previously closed at C$0.03.
BTU Metals Stock Performance
The stock has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.03. The company has a debt-to-equity ratio of 5.14, a quick ratio of 3.74 and a current ratio of 26.91. The stock has a market cap of C$4.46 million, a price-to-earnings ratio of -3.00 and a beta of 1.81.
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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