Blue Star Gold (CVE:BAU) Shares Up 2.5% – What’s Next?

Blue Star Gold Corp. (CVE:BAU) shot up 2.5% during mid-day trading on Thursday . The company traded as high as C$0.20 and last traded at C$0.20. 1,000 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 44,149 shares. The stock had previously closed at C$0.20.

Blue Star Gold Stock Performance

The company has a debt-to-equity ratio of 50.17, a quick ratio of 0.44 and a current ratio of 1.80. The stock’s 50 day moving average price is C$0.21 and its 200 day moving average price is C$0.23. The company has a market capitalization of C$36.09 million, a P/E ratio of -5.12 and a beta of 0.54.

Blue Star Gold Company Profile

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.