BTU Metals (CVE:BTU) Stock Price Up 16.7% – Still a Buy?

Shares of BTU Metals Corp. (CVE:BTU – Get Free Report) shot up 16.7% during trading on Monday . The company 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 company has a quick ratio of 3.74, a current ratio of 26.91 and a debt-to-equity ratio of 5.14. The firm has a 50-day moving average of C$0.05 and a 200 day moving average of C$0.05. The stock has a market capitalization of C$10.40 million, a P/E 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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