Blue Star Gold (CVE:BAU) Trading Down 10.5% – Here’s Why

Blue Star Gold Corp. (CVE:BAU)’s stock price fell 10.5% during trading on Tuesday . The company traded as low as C$0.15 and last traded at C$0.17. 145,704 shares were traded during mid-day trading, an increase of 71% from the average session volume of 85,214 shares. The stock had previously closed at C$0.19.

Blue Star Gold Trading Down 10.5%

The company has a 50-day moving average price of C$0.19 and a two-hundred day moving average price of C$0.18. The stock has a market cap of C$25.71 million, a P/E ratio of -5.67 and a beta of -0.40. The company has a current ratio of 1.24, a quick ratio of 0.44 and a debt-to-equity ratio of 6.06.

Blue Star Gold Company Profile

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. The company was formerly known as WPC Resources Inc and changed its name to Blue Star Gold Corp. in January 2019. Blue Star Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.