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

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price was up 16.7% on Tuesday . The company traded as high as C$0.11 and last traded at C$0.07. Approximately 2,863,185 shares were traded during 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 Stock Up 16.7%

The stock’s fifty day moving average price is C$0.05 and its 200-day moving average price 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. The company has a market capitalization of C$10.40 million, a price-to-earnings ratio of -7.00 and a beta of 1.59.

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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