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

BTU Metals Corp. (CVE:BTUGet Free Report) rose 20% during trading on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 379,500 shares were traded during mid-day trading, an increase of 141% from the average daily volume of 157,741 shares. The stock had previously closed at C$0.03.

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 stock has a market capitalization of C$4.46 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The company’s 50 day moving average is C$0.02 and its 200 day moving average is C$0.03.

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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