Blue Star Gold (CVE:BAU) Shares Down 11.8% – Should You Sell?

Shares of Blue Star Gold Corp. (CVE:BAUGet Free Report) fell 11.8% during trading on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. 153,000 shares traded hands during trading, a decline of 43% from the average session volume of 267,663 shares. The stock had previously closed at C$0.09.

Blue Star Gold Stock Performance

The stock’s fifty day simple moving average is C$0.05 and its 200-day simple moving average is C$0.06. 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 company has a market capitalization of C$8.30 million, a PE ratio of -4.39 and a beta of -0.51.

About Blue Star Gold

(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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