Blue Star Gold (CVE:BAU) Trading Up 23.1% – Still a Buy?

Blue Star Gold Corp. (CVE:BAUGet Free Report)’s share price was up 23.1% during trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 1,040,352 shares were traded 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 current ratio of 1.24, a quick ratio of 0.44 and a debt-to-equity ratio of 6.06. The stock has a 50 day simple moving average of C$0.05 and a 200 day simple moving average of C$0.06. The firm has a market capitalization of C$8.29 million, a PE 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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