BTU Metals (CVE:BTU) Trading 40% Higher – Time to Buy?

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price traded up 40% during mid-day trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 174,000 shares were traded during trading, an increase of 54% from the average session volume of 112,962 shares. The stock had previously closed at C$0.03.

BTU Metals Trading Up 16.7 %

The company has a debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74. The business’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The firm has a market capitalization of C$5.20 million, a price-to-earnings ratio of -3.00 and a beta of 1.81.

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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