Blue Star Gold (CVE:BAU) Trading 40% Higher – What’s Next?

Shares of Blue Star Gold Corp. (CVE:BAUGet Free Report) rose 40% during mid-day trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 603,011 shares traded hands during mid-day trading, an increase of 647% from the average daily volume of 80,758 shares. The stock had previously closed at C$0.05.

Blue Star Gold Price Performance

The stock has a market cap of C$8.29 million, a PE ratio of -2.67 and a beta of -0.51. The business has a 50 day moving average price of C$0.05 and a 200 day moving average price of 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.

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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