Blue Star Gold (CVE:BAU) Trading Down 6.4% – Time to Sell?

Blue Star Gold Corp. (CVE:BAUGet Free Report)’s share price dropped 6.4% during mid-day trading on Tuesday . The stock traded as low as C$0.22 and last traded at C$0.22. Approximately 16,270 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 50,189 shares. The stock had previously closed at C$0.24.

Blue Star Gold Stock Performance

The company has a current ratio of 0.83, a quick ratio of 0.44 and a debt-to-equity ratio of 59.39. The company’s 50 day moving average is C$0.23 and its 200-day moving average is C$0.23. The company has a market capitalization of C$35.21 million, a P/E ratio of -7.33 and a beta of 0.58.

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. The company was formerly known as WPC Resources Inc and changed its name to Blue Star Gold Corp. in January 2019. Blue Star Gold Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

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