Blue Star Gold (CVE:BAU) Stock Price Down 11.8% – Here’s Why

Shares of Blue Star Gold Corp. (CVE:BAUGet Free Report) fell 11.8% on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. 113,000 shares were traded during mid-day trading, a decline of 57% from the average session volume of 265,057 shares. The stock had previously closed at C$0.09.

Blue Star Gold Stock Performance

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 business has a 50 day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.06. The firm has a market cap of C$8.30 million, a PE ratio of -4.39 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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