BTU Metals (CVE:BTU) Trading Up 25% – Should You Buy?

Shares of BTU Metals Corp. (CVE:BTUGet Free Report) shot up 25% during trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. 188,100 shares were traded during mid-day trading, an increase of 20% from the average session volume of 157,253 shares. The stock had previously closed at C$0.02.

BTU Metals Trading Up 25.0 %

The business’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.03. 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 company has a market capitalization of C$3.71 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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