BTU Metals (CVE:BTU) Shares Up 25% – Still a Buy?

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

BTU Metals Trading Down 20.0 %

The company has a debt-to-equity ratio of 5.14, a current ratio of 26.91 and a quick ratio of 3.74. The business’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.03. The stock has a market capitalization of C$2.97 million, a price-to-earnings ratio of -3.00 and a beta of 1.81.

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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