Bluestone Resources (CVE:BSR) Shares Up 1.6% – Time to Buy?

Bluestone Resources Inc. (CVE:BSR – Get Free Report)’s stock price shot up 1.6% during trading on Tuesday . The stock traded as high as C$0.31 and last traded at C$0.31. 90,830 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 244,715 shares. The stock had previously closed at C$0.31.

Bluestone Resources Stock Performance

The company’s 50-day moving average price is C$0.31 and its 200 day moving average price is C$0.31. The company has a debt-to-equity ratio of 44.59, a quick ratio of 0.22 and a current ratio of 0.31. The stock has a market capitalization of C$33.21 million, a PE ratio of -5.13 and a beta of 1.94.

Bluestone Resources Company Profile

(Get Free Report)

Bluestone Resources Inc engages in the exploration and development of precious metals. Its flagship asset is the Cerro Blanco gold project located in Southern Guatemala in the department of Jutiapa. The company was formerly known as Indicator Minerals Inc and changed its name to Bluestone Resources Inc in January 2012. Bluestone Resources Inc was incorporated in 2000 and is headquartered in Vancouver, Canada.

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