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

Blue Star Gold Corp. (CVE:BAUGet Free Report)’s share price dropped 17.6% during mid-day trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 600,000 shares changed hands during trading, an increase of 112% from the average daily volume of 282,420 shares. The stock had previously closed at C$0.09.

Blue Star Gold Trading Down 17.6 %

The company has a debt-to-equity ratio of 6.06, a quick ratio of 0.44 and a current ratio of 1.24. The stock’s 50-day simple moving average is C$0.05 and its 200-day simple moving average is C$0.06. The firm has a market capitalization of C$7.75 million, a PE 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.

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