BTU Metals (CVE:BTU) Trading Up 16.7% – Should You Buy?

BTU Metals Corp. (CVE:BTUGet Free Report) traded up 16.7% on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.07. 2,863,185 shares traded 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 Performance

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

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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