Blue Star Gold (CVE:BAU) Trading Up 35.7% – Should You Buy?

Shares of Blue Star Gold Corp. (CVE:BAUGet Free Report) were up 35.7% on Wednesday . The company traded as high as C$0.11 and last traded at C$0.10. Approximately 463,500 shares changed hands during mid-day trading, an increase of 84% from the average daily volume of 251,762 shares. The stock had previously closed at C$0.07.

Blue Star Gold Trading Up 14.3 %

The stock has a market capitalization of C$8.85 million, a P/E ratio of -4.68 and a beta of -0.51. The stock has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.06. The company has a debt-to-equity ratio of 6.06, a quick ratio of 0.44 and a current ratio of 1.24.

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.

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