BTU Metals (CVE:BTU) Stock Price Up 66.7% – Time to Buy?

BTU Metals Corp. (CVE:BTUGet Free Report)’s stock price shot up 66.7% during mid-day trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.10. 2,088,125 shares traded hands during mid-day trading, an increase of 632% from the average session volume of 285,222 shares. The stock had previously closed at C$0.06.

BTU Metals Stock Performance

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 business’s 50 day simple moving average is C$0.05 and its 200 day simple 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.

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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