BTU Metals (CVE:BTU) Stock Price Up 20% – Here’s Why

Shares of BTU Metals Corp. (CVE:BTUGet Free Report) rose 20% during mid-day trading on Saturday . The stock 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 Stock Performance

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. The stock has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.03.

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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