Blue Star Gold (CVE:BAU) Shares Down 11.8% – Here’s What Happened

Blue Star Gold Corp. (CVE:BAUGet Free Report) shares were down 11.8% during trading on Thursday . The stock traded as low as C$0.08 and last traded at C$0.08. Approximately 208,000 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 269,754 shares. The stock had previously closed at C$0.09.

Blue Star Gold Stock Performance

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 firm has a fifty day simple moving average of C$0.05 and a 200 day simple moving average of C$0.06. The company has a market capitalization of C$7.19 million, a price-to-earnings ratio of -3.81 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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