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

BTU Metals Corp. (CVE:BTU) shot up 25% on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 810,000 shares were traded during trading, an increase of 394% from the average session volume of 163,853 shares. The stock had previously closed at C$0.02.

BTU Metals Stock Up 25.0 %

The stock’s 50 day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.03. The firm has a market cap of C$3.71 million, a P/E ratio of -3.00 and a beta of 1.81. The company has a debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74.

About BTU Metals

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.