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

BTU Metals Corp. (CVE:BTUGet Free Report) was up 20% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 360,500 shares traded hands during trading, an increase of 131% from the average daily volume of 156,384 shares. The stock had previously closed at C$0.03.

BTU Metals Price Performance

The firm has a 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.03. The company has a market cap of C$4.46 million, a P/E 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.

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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