Blue Star Gold (CVE:BAU) Trading 2.5% Higher – Time to Buy?

Blue Star Gold Corp. (CVE:BAU)’s stock price shot up 2.5% during mid-day trading on Thursday . The stock traded as high as C$0.20 and last traded at C$0.20. 1,000 shares changed hands during 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 firm has a market cap of C$36.09 million, a price-to-earnings ratio of -5.12 and a beta of 0.54. The company has a debt-to-equity ratio of 50.17, a current ratio of 1.80 and a quick ratio of 0.44. The firm has a fifty day simple moving average of C$0.21 and a two-hundred day simple moving average of C$0.23.

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. 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.