Blue Star Gold (CVE:BAU) Shares Down 17.6% – Here’s Why

Shares of Blue Star Gold Corp. (CVE:BAUGet Free Report) were down 17.6% during trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 600,000 shares changed hands during mid-day trading, an increase of 112% from the average daily volume of 282,420 shares. The stock had previously closed at C$0.09.

Blue Star Gold Price Performance

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 business’s 50-day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.06. The firm has a market cap of C$7.75 million, a price-to-earnings ratio of -4.10 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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