BTU Metals (CVE:BTU) Shares Up 6.7% – Time to Buy?

BTU Metals Corp. (CVE:BTUGet Free Report) rose 6.7% on Friday . The stock traded as high as C$0.09 and last traded at C$0.08. Approximately 158,304 shares traded hands during trading, a decline of 60% from the average daily volume of 393,162 shares. The stock had previously closed at C$0.08.

BTU Metals Stock Performance

The company has a market capitalization of C$11.15 million, a P/E ratio of -7.50 and a beta of 1.59. The company has a 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.05. The company has a debt-to-equity ratio of 5.14, a quick ratio of 3.74 and a current ratio of 26.91.

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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