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BTU Metals shares surged 41.7% to 83.3% amid a 600% volume spike, with no stated reason.
BTU Metals (CVE:BTU) shares rose between 41.7% and 83.3% on Monday, reaching a high of C$0.11 and closing between C$0.09 and C$0.10, up from C$0.06.
Trading volume surged 600% to 1.6 million–2.2 million shares, far exceeding average levels.
The Vancouver-based company, formerly BTU Capital Corp., explores gold properties in Canada and Ireland.
With a market cap of C$10.4 million, it has a negative P/E ratio, high debt-to-equity, and a beta of 1.59.
Moving averages and liquidity ratios remain unchanged.
No specific cause for the price spike was provided.
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Las acciones de BTU Metals subieron 41,7% a 83,3% en medio de un aumento de volumen de 600%, sin ninguna razón.