BTU Metals (CVE:BTU) Trading 25% Higher – Here’s Why

BTU Metals Corp. (CVE:BTUGet Free Report) was up 25% on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 810,000 shares traded hands during 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 Up 25.0 %

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’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.03. The company has a market cap of C$3.71 million, a P/E ratio of -3.00 and a beta of 1.81.

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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