Blue Star Gold (CVE:BAU) Trading 30% Higher – Still a Buy?

Blue Star Gold Corp. (CVE:BAUGet Free Report) was up 30% during mid-day trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 3,097,375 shares were traded during trading, an increase of 1,653% from the average daily volume of 176,695 shares. The stock had previously closed at C$0.05.

Blue Star Gold Price Performance

The business’s fifty day moving average is C$0.05 and its 200-day 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. The firm has a market cap of C$6.74 million, a PE ratio of -2.17 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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