BTU Metals (CVE:BTU) Shares Up 25% – Here’s Why

BTU Metals Corp. (CVE:BTU) rose 25% during trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 188,100 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 157,253 shares. The stock had previously closed at C$0.02.

BTU Metals Price Performance

The company has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14. The firm has a 50 day moving average price of C$0.02 and a 200 day moving average price of C$0.03. The stock has a market cap of C$3.71 million, a P/E ratio of -3.00 and a beta of 1.81.

BTU Metals Company Profile

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.