Blue Star Gold Corp. (CVE:BAU – Get Rating) traded up 12% on Friday . The company traded as high as C$0.28 and last traded at C$0.28. 157,506 shares changed hands during trading, an increase of 265% from the average session volume of 43,122 shares. The stock had previously closed at C$0.25.
Blue Star Gold Stock Up 12.0 %
The stock has a 50-day simple moving average of C$0.32 and a two-hundred day simple moving average of C$0.50. The firm has a market cap of C$16.85 million and a PE ratio of -5.09. The company has a quick ratio of 0.44, a current ratio of 0.51 and a debt-to-equity ratio of 10.18.
Insiders Place Their Bets
In other Blue Star Gold news, Director Klaus Georg Schmid acquired 109,300 shares of the business’s stock in a transaction dated Friday, October 7th. The stock was purchased at an average price of C$0.23 per share, with a total value of C$25,139.00. Following the transaction, the director now directly owns 3,245,000 shares in the company, valued at approximately C$746,350. Insiders purchased 926,300 shares of company stock worth $248,377 over the last three months.
About Blue Star Gold
Blue Star Gold Corp. acquisition and exploration of mineral properties in Canada. It explores for gold and silver deposits. The company owns a 100% interest in the Hood River property covering an area of approximately 8,015 hectares located in Nunavut, Canada. It also holds interest in the Ulu property that covers an area of 947 hectares located in western Nunavut; and the Roma Project that consists of 9 mineral claims covering an area of 7,683 hectares located in the High Lake Greenstone Belt.
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