Blue Star Gold (CVE:BAU) Trading 35.3% Higher – Here’s Why

Blue Star Gold Corp. (CVE:BAUGet Free Report) shares rose 35.3% during mid-day trading on Monday . The company traded as high as C$0.23 and last traded at C$0.23. 106,364 shares changed hands during mid-day trading, an increase of 61% from the average daily volume of 65,954 shares. The stock had previously closed at C$0.17.

Blue Star Gold Trading Up 35.3%

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 company has a market capitalization of C$34.78 million, a price-to-earnings ratio of -7.67 and a beta of -0.34. The business has a fifty day moving average price of C$0.19 and a 200 day moving average price of C$0.18.

Blue Star Gold Company Profile

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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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