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

BTU Metals Corp. (CVE:BTUGet Free Report) shot up 20% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 379,500 shares changed hands during mid-day 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 firm has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.03. The stock has a market capitalization of C$4.46 million, a P/E 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.

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.

Further Reading

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