Blue Star Gold (CVE:BAU) Stock Price Up 11.1% – Here’s What Happened

Blue Star Gold Corp. (CVE:BAU) shares shot up 11.1% during mid-day trading on Thursday . The stock traded as high as C$0.25 and last traded at C$0.25. 140,000 shares were traded during trading, an increase of 85% from the average session volume of 75,697 shares. The stock had previously closed at C$0.23.

Blue Star Gold Trading Up 11.1%

The company has a market cap of C$37.81 million, a price-to-earnings ratio of -8.33 and a beta of -0.01. 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 simple moving average of C$0.22 and a 200 day simple moving average of C$0.20.

About Blue Star Gold

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. The company was formerly known as WPC Resources Inc and changed its name to Blue Star Gold Corp. in January 2019. Blue Star Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.