BTU Metals (CVE:BTU) Trading 66.7% Higher – Still a Buy?

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price was up 66.7% during trading on Monday . The company traded as high as C$0.11 and last traded at C$0.10. Approximately 1,923,495 shares were traded during trading, an increase of 611% from the average daily volume of 270,412 shares. The stock had previously closed at C$0.06.

BTU Metals Price Performance

The company has a market cap of C$10.40 million, a price-to-earnings ratio of -7.00 and a beta of 1.59. The company’s 50 day moving average price is C$0.05 and its 200 day moving average price 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.

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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