Blue Star Gold Corp. (CVE:BAU – Get Free Report) dropped 17.6% during trading on Friday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 600,000 shares changed hands during 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 Price Performance
The firm has a market capitalization of C$7.75 million, a P/E ratio of -4.10 and a beta of -0.51. 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 business’s 50-day simple moving average is C$0.05 and its 200 day simple moving average is C$0.06.
About Blue Star Gold
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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