BTU Metals (CVE:BTU) Trading Up 20% – Time to Buy?

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price was up 20% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 379,500 shares traded hands during mid-day trading, an increase of 141% from the average daily volume of 157,741 shares. The stock had previously closed at C$0.03.

BTU Metals Stock Up 20.0 %

The firm has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.03. 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 has a market cap of C$4.46 million, a PE ratio of -3.00 and a beta of 1.81.

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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