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

BTU Metals Corp. (CVE:BTU) traded up 25% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 810,000 shares were traded during trading, an increase of 394% from the average session volume of 163,853 shares. The stock had previously closed at C$0.02.

BTU Metals Stock Up 25.0 %

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. The stock has a 50 day moving average price of C$0.02 and a 200 day moving average price of C$0.03.

About BTU Metals

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.