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

BTU Metals Corp. (CVE:BTUGet Free Report) shares were up 20% during trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 176,000 shares changed hands during mid-day trading, an increase of 58% from the average daily volume of 111,191 shares. The stock had previously closed at C$0.05.

BTU Metals Stock Performance

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 stock’s 50-day moving average is C$0.05 and its 200 day moving average is C$0.05. The firm has a market cap of C$8.89 million, a P/E ratio of -6.00 and a beta of 1.49.

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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