Shares of Blue Star Gold Corp. (CVE:BAU – Get Free Report) rose 28.6% on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.09. Approximately 524,500 shares changed hands during mid-day trading, an increase of 102% from the average daily volume of 259,934 shares. The stock had previously closed at C$0.07.
Blue Star Gold Stock Performance
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 firm has a 50-day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.06. The company has a market capitalization of C$7.19 million, a price-to-earnings ratio of -3.81 and a beta of -0.51.
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.
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