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

Blue Star Gold Corp. (CVE:BAUGet Free Report)’s stock price fell 17.6% during mid-day trading on Friday . The company traded as low as C$0.07 and last traded at C$0.07. 600,000 shares traded hands 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 Price Performance

The stock’s 50 day moving average is C$0.05 and its two-hundred day moving average 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 stock has a market capitalization of C$7.75 million, a PE ratio of -4.10 and a beta of -0.51.

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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