Bluestone Resources (CVE:BSR) Stock Price Up 1.6% – Should You Buy?

by · The Cerbat Gem

Shares of Bluestone Resources Inc. (CVE:BSR – Get Free Report) rose 1.6% during trading on Friday . The company traded as high as C$0.31 and last traded at C$0.31. Approximately 90,830 shares changed hands during trading, a decline of 63% from the average daily volume of 244,715 shares. The stock had previously closed at C$0.31.

Bluestone Resources Stock Up 1.6%

The company has a debt-to-equity ratio of 75.60, a quick ratio of 0.22 and a current ratio of 0.08. The stock’s 50 day simple moving average is C$0.31 and its 200 day simple moving average is C$0.31. The firm has a market cap of C$33.21 million, a P/E 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.

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