Blue Star Gold (CVE:BAU) Trading Down 7.4% – Time to Sell?

Blue Star Gold Corp. (CVE:BAU) traded down 7.4% during mid-day trading on Friday . The company traded as low as C$0.25 and last traded at C$0.25. 1,500 shares changed hands during trading, a decline of 98% from the average session volume of 68,516 shares. The stock had previously closed at C$0.27.

Blue Star Gold Trading Down 7.4%

The company has a 50 day simple moving average of C$0.24 and a 200 day simple moving average of C$0.21. The company has a current ratio of 1.24, a quick ratio of 0.44 and a debt-to-equity ratio of 6.06. The stock has a market capitalization of C$37.81 million, a PE ratio of -8.33 and a beta of -0.01.

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.