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

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price was 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. Approximately 2,863,185 shares traded hands during mid-day trading, an increase of 758% from the average daily volume of 333,689 shares. The stock had previously closed at C$0.06.

BTU Metals Trading Up 16.7%

The company has a debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74. The business’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05. The stock has a market cap of C$10.40 million, a P/E ratio of -7.00 and a beta of 1.59.

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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