BTU Metals (CVE:BTU) Trading Up 20% – Still a Buy?

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

BTU Metals Price Performance

The company’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.03. 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 firm has a market cap of C$4.46 million, a price-to-earnings 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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