BTU Metals (CVE:BTU) Trading 25% Higher – Here’s Why

BTU Metals Corp. (CVE:BTUGet Free Report) traded up 25% on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. 188,100 shares were traded during mid-day trading, an increase of 20% from the average session volume of 157,253 shares. The stock had previously closed at C$0.02.

BTU Metals Stock Performance

The stock has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.03. The stock has a market cap of C$3.71 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.

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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