Blue Star Gold (CVE:BAU) Stock Price Down 11.8% – Here’s Why

Blue Star Gold Corp. (CVE:BAUGet Free Report)’s share price dropped 11.8% during mid-day trading on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 233,000 shares traded hands during trading, a decline of 14% from the average daily volume of 271,299 shares. The stock had previously closed at C$0.09.

Blue Star Gold Stock Down 11.8 %

The business has a 50-day moving average price of C$0.05 and a 200-day moving average price of C$0.06. The company has a market capitalization of C$8.30 million, a price-to-earnings ratio of -4.39 and a beta of -0.51. The company has a quick ratio of 0.44, a current ratio of 1.24 and a debt-to-equity ratio of 6.06.

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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