Blue Star Gold Corp (BAU) Financials
TSXV: BAU · Gold · Advanced Exploration stage
- Market cap$30.3M
- Share price$0.160
- 52-week range$0.130 – $0.335
- Shares outstanding189,674,030
- ExchangeTSXV
- Websitebluestargold.ca
Blue Star Gold Corp. is a mineral exploration and development company focused on Nunavut, Canada. The Company controls over 420 square kilometres of highly prospective and underexplored mineral properties in the High Lake Greenstone Belt. Its principal assets include the Ulu Gold Project - comprised of the Ulu Mining Lease and Hood River Property, and the Roma and Auma Projects. The Ulu Mining Lease hosts the high-grade Flood Zone Gold Deposit, and the Company's broader land package contains numerous high-priority gold and critical mineral targets, providing substantial upside potential for resource expansion. Blue Star's projects are strategically located 40-100 km south of the proposed Grays Bay deep-water port, with the planned all-weather Grays Bay Road corridor passing close to the Company's Projects. The Grays Bay Road and Port Project was recently referred to the Major Projects Office by Prime Minister Carney. The Major Projects Office was created to fast-track infrastructure projects that are deemed to be of national importance. Blue Star is listed on the TSX Venture Exchange (BAU), the OTCQB Venture Market (BAUFF), and the Frankfurt Exchange (5WP0). Additional information is available at www.bluestargold.ca.
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Blue Star Gold Corp financial statements
Key figures read from 40 of 40 financial statement filings, Oct 26, 2016 to Oct 16, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Nov 2025 | Nov 2024 | Nov 2023 | Dec 2022 | Nov 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$2,199,582 | C$845,871 | — | — | C$1,055,101 |
| Short-term investments | C$2,629,377 | C$2,629,377 | C$2,688,251 | C$2,688,251 | C$3,070,779 |
| Total current assets | C$2,420,610 | C$1,128,440 | C$3,693,611 | C$1,621,289 | C$1,238,761 |
| Total current liabilities | C$2,701,966 | C$1,737,365 | C$452,688 | C$2,616,263 | C$2,616,263 |
| Working capital | (C$281,356) | (C$608,925) | C$3,240,923 | (C$994,974) | (C$1,377,502) |
| Exploration and evaluation assets | C$1,489,715 | C$1,489,715 | C$1,157,615 | C$1,157,615 | C$22,894,902 |
| Property, plant and equipment | C$583,507 | C$103,163 | C$290,836 | C$411,260 | C$411,260 |
| Total assets | C$7,176,655 | C$5,446,224 | C$8,044,001 | C$6,169,791 | C$27,907,078 |
| Debt | C$2,234,019 | C$1,915,558 | C$1,652,450 | C$2,214,310 | C$2,214,310 |
| Total liabilities | C$3,007,674 | C$3,652,923 | C$2,447,126 | C$2,856,302 | C$2,856,302 |
| Shareholders' equity | C$4,168,981 | C$1,793,301 | C$5,596,875 | C$3,313,489 | C$25,050,776 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Nov 2025 | FY Nov 2024 | FY Nov 2023 | FY Nov 2022 | FY Nov 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$2,112,115 | C$5,639,588 | C$2,877,150 | — | — |
| General and administrative | C$153,842 | C$144,848 | C$162,325 | C$79,728 | C$97,779 |
| Share-based compensation | C$559,750 | C$366,842 | C$921,849 | C$202,878 | C$550,916 |
| Net income (loss) | (C$4,289,772) | (C$7,743,745) | (C$5,408,324) | (C$1,465,712) | (C$3,678,625) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Nov 2025 | FY Nov 2024 | FY Nov 2023 | FY Nov 2022 | FY Nov 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$3,316,448) | (C$6,903,189) | (C$3,753,855) | (C$1,467,896) | (C$1,920,622) |
| Investing cash flow | — | — | — | (C$5,628,517) | (C$7,491,997) |
| Financing cash flow | C$5,311,692 | C$4,261,557 | C$6,287,169 | C$5,718,305 | C$11,717,785 |
| Exploration spending (capitalized) | — | — | — | (C$5,489,818) | (C$7,239,491) |
| Property, plant and equipment spending | — | — | — | (C$79,825) | (C$252,506) |
| Proceeds from share issues | — | — | — | C$5,886,235 | C$10,914,272 |
| Change in cash | C$1,353,711 | (C$2,641,632) | C$2,432,402 | (C$1,378,108) | C$2,305,166 |
| Cash at end of period | C$2,199,582 | C$845,871 | C$3,487,503 | C$1,055,101 | C$2,433,209 |
No financings are on record for Blue Star Gold Corp yet.