BTU Metals (CVE:BTU) Shares Up 16.7% – Here’s What Happened

BTU Metals Corp. (CVE:BTU – Get Free Report)’s share price rose 16.7% during trading on Monday . The company traded as high as C$0.11 and last traded at C$0.07. Approximately 2,863,185 shares traded hands during mid-day trading, an increase of 758% from the average daily volume of 333,689 shares. The stock had previously closed at C$0.06.

BTU Metals Trading Up 16.7%

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

See Also

• Five stocks we like better than BTU Metals
• Your Signature Is Missing – Act Before It’s Too Late
• A month before the crash
• “Fed Proof” Your Bank Account with THESE 4 Simple Steps
• Buy This Stock at 9:30 AM on MONDAY!
• What Expenses Can Be Deducted From Capital Gains Tax?