Blue Star Gold (CVE:BAU) Trading Up 11.1% – Still a Buy?

Blue Star Gold Corp. (CVE:BAU)’s stock price rose 11.1% during mid-day trading on Thursday . The stock traded as high as C$0.25 and last traded at C$0.25. Approximately 140,000 shares changed hands during trading, an increase of 85% from the average daily volume of 75,697 shares. The stock had previously closed at C$0.23.

Blue Star Gold Stock Up 11.1%

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 company’s 50-day moving average price is C$0.22 and its 200 day moving average price is C$0.20. The stock has a market capitalization of C$37.81 million, a P/E ratio of -8.33 and a beta of -0.01.

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.