BTU Metals (CVE:BTU) Shares Up 33.3% – Still a Buy?

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price rose 33.3% on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 1,262,800 shares traded hands during mid-day trading, an increase of 1,048% from the average daily volume of 109,983 shares. The stock had previously closed at C$0.05.

BTU Metals Price Performance

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 fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.03. The stock has a market capitalization of C$8.91 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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