BTU Metals (CVE:BTU) Shares Up 20% – Here’s What Happened

BTU Metals Corp. (CVE:BTUGet Free Report) shares rose 20% during trading on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 379,500 shares traded hands during trading, an increase of 141% from the average daily volume of 157,741 shares. The stock had previously closed at C$0.03.

BTU Metals Price Performance

The stock’s 50-day moving average price is C$0.02 and its 200 day moving average price is C$0.03. The firm has a market cap of C$4.46 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The company has a quick ratio of 3.74, a current ratio of 26.91 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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