BTU Metals (CVE:BTU) Trading 16.7% Higher – What’s Next?
by Teresa Graham · The Cerbat GemBTU Metals Corp. (CVE:BTU – Get Free Report) shares were up 16.7% during mid-day trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.07. Approximately 2,863,185 shares changed 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 Stock Up 16.7%
The company has a market capitalization of C$10.40 million, a PE ratio of -7.00 and a beta of 1.59. 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 company’s 50-day moving average is C$0.05 and its 200 day moving average is C$0.05.
About BTU Metals
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.