BTU Metals (CVE:BTU) Shares Up 25% – Time to Buy?

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price rose 25% during mid-day trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 810,000 shares were traded during trading, an increase of 394% from the average daily volume of 163,853 shares. The stock had previously closed at C$0.02.

BTU Metals Price Performance

The company has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14. The company’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.03. The company has a market capitalization of C$3.71 million, a P/E ratio of -3.00 and a beta of 1.81.

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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