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

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

Blue Star Gold Trading Down 11.8 %

The firm has a market capitalization of C$8.30 million, a PE ratio of -4.39 and a beta of -0.51. The company’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 debt-to-equity ratio of 6.06, a current ratio of 1.24 and a quick ratio of 0.44.

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.

Featured Articles

Receive News & Ratings for Blue Star Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Star Gold and related companies with MarketBeat.com's FREE daily email newsletter.