Blue Star Gold (CVE:BAU) Trading Up 30% – Still a Buy?

Blue Star Gold Corp. (CVE:BAUGet Free Report) shares were up 30% during trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 3,097,375 shares were traded during mid-day trading, an increase of 1,653% from the average daily volume of 176,695 shares. The stock had previously closed at C$0.05.

Blue Star Gold Stock Up 30.0 %

The company has a market capitalization of C$6.74 million, a price-to-earnings ratio of -2.17 and a beta of -0.51. The firm’s 50 day moving average price is C$0.05 and its two-hundred 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.

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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