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

BTU Metals Corp. (CVE:BTUGet Free Report) rose 25% on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 188,100 shares changed hands during mid-day trading, an increase of 20% from the average daily volume of 157,253 shares. The stock had previously closed at C$0.02.

BTU Metals Stock Performance

The business’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.03. The company has a market capitalization of C$3.71 million, a P/E ratio of -3.00 and a beta of 1.81. The company has a debt-to-equity ratio of 5.14, a quick ratio of 3.74 and a current ratio of 26.91.

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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