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

Blue Star Gold Corp. (CVE:BAUGet Free Report) shares rose 30% during mid-day trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 3,097,375 shares traded hands during 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 Price Performance

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 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.06. The company has a market cap of C$8.29 million, a P/E ratio of -2.67 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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