Blue Star Gold (CVE:BAU) Shares Down 17.6% – What’s Next?

Blue Star Gold Corp. (CVE:BAUGet Free Report)’s share price dropped 17.6% during mid-day trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 600,000 shares were traded during trading, an increase of 119% from the average daily volume of 274,269 shares. The stock had previously closed at C$0.09.

Blue Star Gold Trading Down 17.6 %

The firm’s fifty day simple moving average is C$0.05 and its 200-day simple moving average is C$0.06. The stock has a market cap of C$7.75 million, a P/E ratio of -4.10 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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