Blue Star Gold (CVE:BAU) Trading Down 10% – Here’s Why

Blue Star Gold Corp. (CVE:BAUGet Free Report) shares dropped 10% on Wednesday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 193,000 shares changed hands during mid-day trading, an increase of 281% from the average daily volume of 50,631 shares. The stock had previously closed at C$0.05.

Blue Star Gold Price Performance

The firm has a market capitalization of C$5.18 million, a P/E ratio of -1.67 and a beta of -0.51. The company has a debt-to-equity ratio of 6.06, a quick ratio of 0.44 and a current ratio of 1.24. The stock has a 50 day moving average of C$0.05 and a 200-day moving average of C$0.07.

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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