Blue Star Gold (CVE:BAU) Trading 23.1% Higher – Still a Buy?

Blue Star Gold Corp. (CVE:BAUGet Free Report)’s stock price shot up 23.1% during trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 1,040,352 shares were traded during mid-day trading, an increase of 399% from the average session volume of 208,682 shares. The stock had previously closed at C$0.07.

Blue Star Gold Trading Up 23.1 %

The stock has a market capitalization of C$8.29 million, a P/E ratio of -2.67 and a beta of -0.51. The firm’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.06. The company has a quick ratio of 0.44, a current ratio of 1.24 and a debt-to-equity ratio of 6.06.

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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