Blue Star Gold (CVE:BAU) Sets New 1-Year Low – What’s Next?

Shares of Blue Star Gold Corp. (CVE:BAU) reached a new 52-week low during trading on Tuesday. The stock traded as low as C$0.13 and last traded at C$0.14, with a volume of 76,670 shares trading hands. The stock had previously closed at C$0.16.

Blue Star Gold Price Performance

The stock has a market cap of C$24.64 million, a price-to-earnings ratio of -2.33 and a beta of 0.84. The stock’s 50 day moving average price is C$0.18 and its two-hundred day moving average price is C$0.22. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 101.97.

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.