Blue Star Gold (CVE:BAU) Shares Down 17.6% – Should You Sell?

Blue Star Gold Corp. (CVE:BAUGet Free Report) was down 17.6% during mid-day trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 600,000 shares traded hands during mid-day trading, an increase of 112% from the average daily volume of 282,420 shares. The stock had previously closed at C$0.09.

Blue Star Gold Trading Down 7.1 %

The stock’s 50 day moving average price is C$0.05 and its 200-day moving average price is C$0.06. The company has a quick ratio of 0.44, a current ratio of 1.24 and a debt-to-equity ratio of 6.06. The stock has a market capitalization of C$7.19 million, a PE ratio of -3.81 and a beta of -0.51.

Blue Star Gold Company Profile

(Get Free Report)

Blue Star Gold Corp. engages in the acquiring, exploring, and evaluating mineral properties in Canada. Its flagship asset is the Ulu Gold Project that comprise the Ulu Mining Lease and the contiguous Hood River Property that covers an area of approximately 12,000 hectares located in the Kitikmeot Region of western Nunavut, Canada.

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