BTU Metals (CVE:BTU) Trading Up 20% – Here’s What Happened

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price shot up 20% during mid-day trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. 379,500 shares were traded during 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 Price Performance

The stock has a market capitalization of C$4.46 million, a P/E ratio of -3.00 and a beta of 1.81. 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 50-day simple moving average of C$0.02 and a 200 day simple moving average of C$0.03.

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.

Further Reading

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