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

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price shot up 20% during mid-day trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 379,500 shares changed hands during mid-day trading, an increase of 141% from the average daily volume of 157,741 shares. The stock had previously closed at C$0.03.

BTU Metals Price Performance

The company has a market capitalization of C$4.46 million, a PE ratio of -3.00 and a beta of 1.81. The firm has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of 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.

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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