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

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price shot up 20% during trading on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. 379,500 shares traded hands during trading, an increase of 141% from the average session volume of 157,741 shares. The stock had previously closed at C$0.03.

BTU Metals Stock Up 20.0 %

The business has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.03. The company 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 has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14.

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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