Blue Star Gold (CVE:BAU) Shares Down 7.4% – Should You Sell?

Blue Star Gold Corp. (CVE:BAU) was down 7.4% on Friday . The company traded as low as C$0.25 and last traded at C$0.25. Approximately 1,500 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 68,516 shares. The stock had previously closed at C$0.27.

Blue Star Gold Price Performance

The company has a quick ratio of 0.44, a current ratio of 1.24 and a debt-to-equity ratio of 6.06. The firm has a market capitalization of C$37.81 million, a price-to-earnings ratio of -8.33 and a beta of -0.01. The company has a fifty day moving average price of C$0.24 and a two-hundred day moving average price of C$0.21.

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.