BTU Metals (CVE:BTU) Shares Up 16.7% – Here’s Why

BTU Metals Corp. (CVE:BTUGet Free Report) traded up 16.7% during mid-day trading on Monday . The company traded as high as C$0.11 and last traded at C$0.07. 2,863,185 shares changed hands during 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 16.7%

The stock’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.05. The stock has a market capitalization of C$10.40 million, a PE ratio of -7.00 and a beta of 1.59. The company has a debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74.

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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