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

Shares of Blue Star Gold Corp. (CVE:BAU) fell 23.7% on Wednesday . The stock traded as low as C$0.15 and last traded at C$0.15. 184,704 shares were traded during trading, an increase of 116% from the average session 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 debt-to-equity ratio of 6.06, a current ratio of 1.24 and a quick ratio of 0.44. The business has a fifty day moving average of C$0.19 and a 200-day moving average of C$0.18. The stock has a market capitalization of C$26.47 million, a price-to-earnings ratio of -5.83 and a beta of -0.40.

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.