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

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price rose 25% on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 810,000 shares traded hands during mid-day 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 business’s fifty day simple moving average is C$0.02 and its 200-day simple moving average 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 P/E 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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