BTU Metals (CVE:BTU) Shares Up 20% – What’s Next?

BTU Metals Corp. (CVE:BTU) shot up 20% during trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. 379,500 shares traded hands during mid-day trading, an increase of 141% from the average session volume of 157,741 shares. The stock had previously closed at C$0.03.

BTU Metals Trading Up 20.0 %

The firm has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.03. The stock has a market cap of C$4.46 million, a PE ratio of -3.00 and a beta of 1.81. The company has a current ratio of 26.91, a quick ratio of 3.74 and a debt-to-equity ratio of 5.14.

BTU Metals Company Profile

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.