Bluestone Resources (CVE:BSR) Stock Jumps 1.6% – What’s Next?

Bluestone Resources Inc. (CVE:BSR – Get Free Report)’s stock price shot up 1.6% during mid-day trading on Tuesday. The stock traded as high as C$0.31 and last traded at C$0.31. 90,830 shares were traded during trading, a decline of 63% from the average daily volume of 244,715 shares. The stock had previously closed at C$0.30.

Bluestone Resources Stock Performance

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

About Bluestone Resources

(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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