BTU Metals (CVE:BTU) Trading Up 83.3% – Time to Buy?

BTU Metals Corp. (CVE:BTU) shares rose 83.3% during mid-day trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 1,653,287 shares changed hands during trading, an increase of 688% from the average daily volume of 209,739 shares. The stock had previously closed at C$0.06.

BTU Metals Trading Up 16.7%

The firm has a market cap of C$10.40 million, a P/E ratio of -7.00 and a beta of 1.59. The business’s 50-day moving average is C$0.05 and its two-hundred day moving average is C$0.05. The company has a current ratio of 26.91, a quick ratio of 3.74 and a debt-to-equity ratio of 5.14.

BTU Metals Company Profile

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.