BTU Metals (CVE:BTU) Trading 40% Higher – Should You Buy?

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price was up 40% during mid-day trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 175,000 shares traded hands during trading, an increase of 52% from the average daily volume of 114,994 shares. The stock had previously closed at C$0.03.

BTU Metals Trading Up 20.0 %

The company’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The company has a market cap of C$4.46 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The company has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14.

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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