BTU Metals (CVE:BTU) Shares Up 50% – Still a Buy?

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price shot up 50% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 103,320 shares changed hands during trading, an increase of 87% from the average session volume of 55,157 shares. The stock had previously closed at C$0.02.

BTU Metals Stock Performance

The firm has a market capitalization 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. The stock has a 50-day moving average price of C$0.03 and a 200 day moving average price of C$0.03.

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.

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