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

BTU Metals Corp. (CVE:BTUGet Free Report) shot up 16.7% during mid-day trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.07. 2,863,185 shares changed hands during mid-day trading, an increase of 758% from the average session volume of 333,689 shares. The stock had previously closed at C$0.06.

BTU Metals Stock Up 16.7%

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

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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