BTU Metals (CVE:BTU) Shares Up 40% – Here’s Why

Shares of BTU Metals Corp. (CVE:BTUGet Free Report) traded up 40% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 174,000 shares were traded during trading, an increase of 54% from the average session volume of 112,962 shares. The stock had previously closed at C$0.03.

BTU Metals Trading Up 20.0 %

The firm’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03. The company has a market capitalization of C$4.46 million, a PE 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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