BTU Metals (CVE:BTU) Shares Up 41.7% – Here’s What Happened

Shares of BTU Metals Corp. (CVE:BTUGet Free Report) shot up 41.7% on Monday . The company traded as high as C$0.11 and last traded at C$0.09. 2,228,025 shares traded hands during mid-day trading, an increase of 664% from the average session volume of 291,616 shares. The stock had previously closed at C$0.06.

BTU Metals Trading Up 16.7%

The company has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14. The stock’s 50 day moving average is C$0.05 and its 200-day moving average is C$0.05. The company has a market cap of C$10.40 million, a PE ratio of -7.00 and a beta of 1.59.

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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