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

BTU Metals Corp. (CVE:BTU)’s stock price was up 25% during trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 188,100 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 157,253 shares. The stock had previously closed at C$0.02.

BTU Metals Trading Up 25.0 %

The company’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.03. The company has a market capitalization of C$3.71 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The company has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14.

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.