Blue Star Gold (CVE:BAU) Shares Down 17.6% – Here’s What Happened

Blue Star Gold Corp. (CVE:BAUGet Free Report) dropped 17.6% during trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 600,000 shares changed hands during mid-day trading, an increase of 119% from the average daily volume of 274,269 shares. The stock had previously closed at C$0.09.

Blue Star Gold Stock Down 17.6 %

The company has a current ratio of 1.24, a quick ratio of 0.44 and a debt-to-equity ratio of 6.06. The stock has a 50-day moving average of C$0.05 and a 200-day moving average of C$0.06. The firm has a market cap of C$7.75 million, a price-to-earnings ratio of -4.10 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.

Further Reading

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