BTU Metals (CVE:BTU) Stock Price Up 20% – What’s Next?

BTU Metals Corp. (CVE:BTU) traded up 20% on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 360,500 shares changed hands during mid-day trading, an increase of 131% from the average session volume of 156,384 shares. The stock had previously closed at C$0.03.

BTU Metals Stock Up 20.0 %

The company has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14. The stock has a market cap of C$4.46 million, a P/E ratio of -3.00 and a beta of 1.81. The company has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.03.

BTU Metals Company Profile

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.