BTU Metals (CVE:BTU) Stock Price Up 25% – Should You Buy?

BTU Metals Corp. (CVE:BTU)’s share price traded up 25% during mid-day trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 810,000 shares changed hands during mid-day 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 Price Performance

The stock has a fifty day moving average of C$0.02 and a 200-day moving average of C$0.03. 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 market capitalization of C$2.97 million, a P/E ratio of -3.00 and a beta of 1.81.

BTU Metals Company Profile

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.