BTU Metals (CVE:BTU) Stock Price Up 25% – Here’s What Happened

BTU Metals Corp. (CVE:BTUGet Free Report) rose 25% on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 810,000 shares were traded during mid-day trading, an increase of 394% from the average daily volume of 163,853 shares. The stock had previously closed at C$0.02.

BTU Metals Stock Performance

The firm has a market cap of C$2.97 million, a PE ratio of -3.00 and a beta of 1.81. The firm has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.03. The company has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14.

BTU Metals Company Profile

(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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