BTU Metals (CVE:BTU) Shares Up 50% – Still a Buy?

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price was up 50% during mid-day trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 103,320 shares traded hands during mid-day trading, an increase of 87% from the average daily volume of 55,157 shares. The stock had previously closed at C$0.02.

BTU Metals Trading Up 50.0 %

The company has a market capitalization of C$4.46 million, a PE ratio of -3.00 and a beta of 1.81. The company has a fifty day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The company has a current ratio of 26.91, a quick ratio of 3.74 and a debt-to-equity ratio of 5.14.

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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