Blue Star Gold (CVE:BAU) Stock Price Down 11.8% – Here’s Why

Blue Star Gold Corp. (CVE:BAUGet Free Report) dropped 11.8% on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 233,000 shares changed hands during mid-day trading, a decline of 14% from the average daily volume of 271,299 shares. The stock had previously closed at C$0.09.

Blue Star Gold Stock Performance

The stock has a fifty day simple moving average of C$0.05 and a 200-day simple moving average of C$0.06. The stock has a market cap of C$8.30 million, a P/E ratio of -4.39 and a beta of -0.51. The company has a debt-to-equity ratio of 6.06, a quick ratio of 0.44 and a current ratio of 1.24.

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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