Blue Star Gold (CVE:BAU) Stock Price Up 23.1% – Here’s Why

Blue Star Gold Corp. (CVE:BAUGet Free Report) was up 23.1% during mid-day trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 1,040,352 shares traded hands during mid-day trading, an increase of 399% from the average daily volume of 208,682 shares. The stock had previously closed at C$0.07.

Blue Star Gold Stock Up 23.1 %

The company has a debt-to-equity ratio of 6.06, a quick ratio of 0.44 and a current ratio of 1.24. The stock’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.06. The firm has a market cap of C$8.29 million, a P/E ratio of -2.67 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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