BTU Metals (CVE:BTU) Trading 16.7% Higher – Time to Buy?

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price was up 16.7% on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.07. Approximately 2,863,185 shares were traded during mid-day trading, an increase of 758% from the average daily volume of 333,689 shares. The stock had previously closed at C$0.06.

BTU Metals Trading Up 16.7%

The firm has a market capitalization of C$10.40 million, a price-to-earnings ratio of -7.00 and a beta of 1.59. The business’s fifty day moving average is C$0.05 and its 200 day moving average is C$0.05. The company has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14.

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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