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

BTU Metals Corp. (CVE:BTUGet Free Report) shares rose 16.7% during trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.07. Approximately 2,863,185 shares traded hands during mid-day trading, an increase of 758% from the average daily volume of 333,689 shares. The stock had previously closed at C$0.06.

BTU Metals Stock Up 16.7%

The company has a debt-to-equity ratio of 5.14, a quick ratio of 3.74 and a current ratio of 26.91. The stock has a market cap of C$10.40 million, a P/E ratio of -7.00 and a beta of 1.59. The company’s fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.05.

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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