Blue Star Gold (CVE:BAU) Trading Up 20% – Here’s Why

Blue Star Gold Corp. (CVE:BAUGet Free Report) was up 20% during mid-day trading on Monday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 512,500 shares changed hands during trading, an increase of 606% from the average daily volume of 72,584 shares. The stock had previously closed at C$0.05.

Blue Star Gold Price Performance

The company has a debt-to-equity ratio of 6.06, a current ratio of 1.24 and a quick ratio of 0.44. The firm has a market cap of C$8.29 million, a PE ratio of -2.67 and a beta of -0.51. The business’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.06.

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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