BTU Metals (CVE:BTU) Stock Price Up 25% – Still a Buy?

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price rose 25% during mid-day trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 188,100 shares were traded 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 Trading Up 25.0 %

The company has a market capitalization of C$3.71 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The company has a debt-to-equity ratio of 5.14, a quick ratio of 3.74 and a current ratio of 26.91. The business’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.03.

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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