BTU Metals (CVE:BTU) Trading 16.7% Higher – Here’s What Happened

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price traded up 16.7% during mid-day trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.07. 2,863,185 shares changed hands during mid-day trading, an increase of 758% from the average session volume of 333,689 shares. The stock had previously closed at C$0.06.

BTU Metals Trading Up 7.1%

The company has a market capitalization of C$11.15 million, a price-to-earnings ratio of -7.50 and a beta of 1.59. 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 business’s 50-day simple moving average is C$0.05 and its 200-day simple moving average is C$0.05.

BTU Metals Company Profile

(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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