Blue Star Gold (CVE:BAU) Shares Up 35.3% – Should You Buy?

Blue Star Gold Corp. (CVE:BAU)’s stock price was up 35.3% on Tuesday . The company traded as high as C$0.23 and last traded at C$0.23. Approximately 106,364 shares changed hands 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 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 has a market capitalization of C$33.27 million, a P/E ratio of -7.33 and a beta of -0.34. The business’s fifty day simple moving average is C$0.19 and its 200-day simple moving average is C$0.18.

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.