Blue Star Gold (CVE:BAU) Shares Down 17.6% – What’s Next?

Blue Star Gold Corp. (CVE:BAUGet Free Report) shares fell 17.6% during mid-day trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. 600,000 shares were traded during trading, an increase of 112% from the average session volume of 282,420 shares. The stock had previously closed at C$0.09.

Blue Star Gold Stock Down 7.1 %

The firm’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 current ratio of 1.24, a quick ratio of 0.44 and a debt-to-equity ratio of 6.06. The company has a market cap of C$7.19 million, a P/E ratio of -3.81 and a beta of -0.51.

Blue Star Gold Company Profile

(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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