Blue Star Gold (CVE:BAU) Trading 35.3% Higher – Time to Buy?

Blue Star Gold Corp. (CVE:BAU)’s stock price rose 35.3% on Tuesday . The company traded as high as C$0.23 and last traded at C$0.23. Approximately 106,364 shares were traded during 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 Stock Performance

The business’s fifty day moving average price is C$0.19 and its two-hundred day moving average price is C$0.18. The company has a debt-to-equity ratio of 6.06, a quick ratio of 0.44 and a current ratio of 1.24. The stock has a market capitalization of C$34.78 million, a P/E ratio of -7.67 and a beta of -0.34.

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.