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

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

Blue Star Gold Stock Up 4.0%

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 stock’s fifty day simple moving average is C$0.23 and its two-hundred day simple moving average is C$0.20. The company has a market capitalization of C$39.32 million, a price-to-earnings ratio of -8.67 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.