Blue Star Gold Corp. (CVE:BAU – Get Free Report) shares dropped 11.8% on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 233,000 shares changed hands during mid-day trading, a decline of 14% from the average daily volume of 271,299 shares. The stock had previously closed at C$0.09.
Blue Star Gold Price Performance
The stock has a market capitalization of C$7.19 million, a price-to-earnings ratio of -3.81 and a beta of -0.51. The company has a quick ratio of 0.44, a current ratio of 1.24 and a debt-to-equity ratio of 6.06. The business has a 50-day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.06.
About Blue Star Gold
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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