BTU Metals (CVE:BTU) Trading 25% Higher – Time to Buy?

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price rose 25% during trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 188,100 shares changed 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 Price Performance

The stock has a fifty day moving average of C$0.02 and a 200 day moving average of C$0.03. The company has a debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74. The stock has a market cap of C$3.71 million, a price-to-earnings 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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