Bluestone Resources (CVE:BSR) Trading Up 1.6% – Here’s Why

Shares of Bluestone Resources Inc. (CVE:BSR) shot up 1.6% during trading on Friday . The company 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 Trading Up 1.6%

The company has a current ratio of 0.08, a quick ratio of 0.22 and a debt-to-equity ratio of 75.60. The company has a fifty day moving average price of C$0.31 and a two-hundred day moving average price of C$0.31. The firm has a market capitalization of C$33.21 million, a price-to-earnings ratio of -5.13 and a beta of 1.94.

About Bluestone Resources

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.