BTU Metals (CVE:BTU) Trading 16.7% Higher

BTU Metals Corp. (CVE:BTU – Get Rating)’s stock price traded up 16.7% on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. 418,000 shares traded hands during trading, an increase of 143% from the average session volume of 172,277 shares. The stock had previously closed at C$0.03.

The firm has a 50 day moving average of C$0.05 and a two-hundred day moving average of C$0.08. The stock has a market cap of C$4.10 million and a P/E ratio of -2.69. The company has a debt-to-equity ratio of 5.14, a quick ratio of 9.40 and a current ratio of 9.57.

BTU Metals Company Profile (CVE:BTU)

BTU Metals Corp. engages in the exploration and development of mineral properties. Its flagship project is the Dixie Halo gold project covering an area of 19,622 hectares located in the prolific Red Lake Ontario Mining District, Canada. The company was formerly known as BTU Capital Corp. and changed its name to BTU Metals Corp.

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