BTU Metals (CVE:BTU) Stock Price Up 20% – Time to Buy?

BTU Metals Corp. (CVE:BTUGet Free Report) rose 20% during trading on Monday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 176,000 shares were traded during mid-day trading, an increase of 58% from the average daily volume of 111,191 shares. The stock had previously closed at C$0.05.

BTU Metals Price Performance

The company has a 50 day moving average price of C$0.05 and a 200 day moving average price of C$0.05. The company has a market capitalization of C$8.89 million, a price-to-earnings ratio of -6.00 and a beta of 1.49. The company has a current ratio of 26.91, a quick ratio of 3.74 and a debt-to-equity ratio of 5.14.

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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