BTU Metals (CVE:BTU) Shares Up 25% – Still a Buy?

Shares of BTU Metals Corp. (CVE:BTU) were up 25% on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 188,100 shares traded hands during trading, an increase of 20% from the average daily volume of 157,253 shares. The stock had previously closed at C$0.02.

BTU Metals Stock Performance

The firm’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 current ratio of 26.91, a quick ratio of 3.74 and a debt-to-equity ratio of 5.14. The firm has a market cap of C$3.71 million, a price-to-earnings ratio of -3.00 and a beta of 1.81.

BTU Metals Company Profile

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.