Blue Star Gold (CVE:BAU) Shares Down 23.7% – Here’s What Happened

Blue Star Gold Corp. (CVE:BAU)’s stock price was down 23.7% during mid-day trading on Wednesday . The stock traded as low as C$0.15 and last traded at C$0.15. Approximately 184,704 shares changed hands during mid-day trading, an increase of 116% from the average daily volume of 85,647 shares. The stock had previously closed at C$0.19.

Blue Star Gold Trading Up 20.7%

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 company has a market cap of C$26.47 million, a PE ratio of -5.83 and a beta of -0.40. The stock has a 50 day moving average price of C$0.19 and a 200 day moving average price of C$0.18.

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.