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

Blue Star Gold Corp. (CVE:BAUGet Free Report)’s stock price fell 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 traded hands during mid-day trading, an increase of 112% from the average session volume of 282,420 shares. The stock had previously closed at C$0.09.

Blue Star Gold Stock Performance

The firm has a 50 day simple moving average of C$0.05 and a 200-day simple moving average of C$0.06. The company has a debt-to-equity ratio of 6.06, a current ratio of 1.24 and a quick ratio of 0.44. The company has a market cap of C$7.19 million, a price-to-earnings 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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