Blue Star Gold (CVE:BAU) Trading Down 17.6% – Here’s Why

Shares of Blue Star Gold Corp. (CVE:BAUGet Free Report) traded down 17.6% during trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. 600,000 shares changed hands during mid-day trading, an increase of 119% from the average session volume of 274,269 shares. The stock had previously closed at C$0.09.

Blue Star Gold Price Performance

The firm’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 current ratio of 1.24, a quick ratio of 0.44 and a debt-to-equity ratio of 6.06. The stock has a market capitalization of C$7.75 million, a PE ratio of -4.10 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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