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

Shares of BTU Metals Corp. (CVE:BTUGet Free Report) shot up 20% during mid-day trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. 379,500 shares changed hands during mid-day 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 Trading Up 20.0 %

The company has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.03. The stock has a market cap of C$4.46 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The company has a debt-to-equity ratio of 5.14, a quick ratio of 3.74 and a current ratio of 26.91.

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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