BTU Metals (CVE:BTU) Trading Up 11.1% – Still a Buy?

BTU Metals Corp. (CVE:BTU) was up 11.1% during mid-day trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 249,349 shares changed hands during trading, an increase of 38% from the average daily volume of 180,291 shares. The stock had previously closed at C$0.05.

BTU Metals Stock Up 33.3%

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 business’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.06. The company has a market capitalization of C$10.64 million, a price-to-earnings ratio of -6.00 and a beta of 1.76.

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.