BTU Metals (CVE:BTU) Stock Price Up 25% – What’s Next?

BTU Metals Corp. (CVE:BTUGet Free Report) rose 25% during trading on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 810,000 shares traded hands during trading, an increase of 394% from the average daily volume of 163,853 shares. The stock had previously closed at C$0.02.

BTU Metals Price Performance

The company has a current ratio of 26.91, a quick ratio of 3.74 and a debt-to-equity ratio of 5.14. The company has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.03. The firm has a market cap of C$2.97 million, a P/E ratio of -3.00 and a beta of 1.81.

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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