BTU Metals (CVE:BTU) Trading Up 11.1% – Still a Buy?

Shares of BTU Metals Corp. (CVE:BTU) shot up 11.1% during trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. 249,349 shares traded hands during trading, an increase of 38% from the average session volume of 180,291 shares. The stock had previously closed at C$0.05.

BTU Metals Stock Up 33.3%

The firm has a market cap of C$10.64 million, a PE ratio of -6.00 and a beta of 1.76. The business’s 50 day moving average price is C$0.05 and its 200 day moving average price is C$0.06. The company has a debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74.

BTU Metals Company Profile

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.