BTU Metals (CVE:BTU) Trading 20% Higher – Here’s What Happened

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price shot up 20% during trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 369,500 shares changed hands during mid-day trading, an increase of 136% from the average session volume of 156,384 shares. The stock had previously closed at C$0.03.

BTU Metals Price Performance

The firm has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.03. The company has a market capitalization of C$4.46 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The company has a current ratio of 26.91, a quick ratio of 3.74 and a debt-to-equity ratio of 5.14.

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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