BTU Metals (CVE:BTU) Shares Up 25% – Time to Buy?

BTU Metals Corp. (CVE:BTUGet Free Report)’s share price shot up 25% on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. 810,000 shares traded hands during mid-day trading, an increase of 394% from the average session volume of 163,853 shares. The stock had previously closed at C$0.02.

BTU Metals Stock Up 25.0 %

The business has a 50 day simple moving average of C$0.02 and a 200 day simple moving average of C$0.03. The company has a market capitalization of C$3.71 million, a price-to-earnings ratio of -3.00 and a beta of 1.81. The company has a debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74.

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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