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

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price rose 16.7% during trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.07. Approximately 2,863,185 shares were traded during 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 Price Performance

The business has a 50 day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05. The firm has a market cap of C$10.40 million, a price-to-earnings ratio of -7.00 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.

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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