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

BTU Metals Corp. (CVE:BTUGet Free Report) shares were up 20% on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 176,000 shares were traded during mid-day trading, an increase of 58% from the average daily volume of 111,191 shares. The stock had previously closed at C$0.05.

BTU Metals Trading Up 20.0%

The stock has a market capitalization of C$8.89 million, a P/E ratio of -6.00 and a beta of 1.49. The company has a current ratio of 26.91, a quick ratio of 3.74 and a debt-to-equity ratio of 5.14. The stock’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.05.

BTU Metals Company Profile

(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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