Blue Star Gold (CVE:BAU) Stock Price Up 23.1% – Should You Buy?

Blue Star Gold Corp. (CVE:BAUGet Free Report) rose 23.1% during trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 1,040,352 shares changed hands during trading, an increase of 399% from the average daily volume of 208,682 shares. The stock had previously closed at C$0.07.

Blue Star Gold Trading Up 23.1 %

The business’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.06. The company has a debt-to-equity ratio of 6.06, a current ratio of 1.24 and a quick ratio of 0.44. The firm has a market capitalization of C$8.29 million, a price-to-earnings ratio of -2.67 and a beta of -0.51.

About Blue Star Gold

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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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