BTU Metals (CVE:BTU) Stock Price Up 22.2% – Here’s Why

BTU Metals Corp. (CVE:BTUGet Free Report) rose 22.2% during trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 1,579,699 shares traded hands during trading, an increase of 1,356% from the average daily volume of 108,503 shares. The stock had previously closed at C$0.05.

BTU Metals Stock Performance

The company has a debt-to-equity ratio of 5.14, a quick ratio of 3.74 and a current ratio of 26.91. The stock has a market cap of C$8.15 million, a P/E ratio of -5.50 and a beta of 1.65. The firm’s 50 day moving average is C$0.05 and its 200 day moving average is C$0.05.

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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