BTU Metals (CVE:BTU) Shares Up 40% – Still a Buy?

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

BTU Metals Stock Performance

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 stock’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.03. The firm has a market cap of C$4.46 million, a price-to-earnings ratio of -3.00 and a beta of 1.81.

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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