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

Bluestone Resources Inc. (CVE:BSRGet Free Report)’s stock price rose 1.6% during mid-day trading on Monday . The company traded as high as C$0.31 and last traded at C$0.31. Approximately 90,830 shares traded hands during mid-day 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 firm has a market capitalization of C$47.17 million, a PE ratio of -4.43 and a beta of 1.94. The company has a fifty day moving average price of C$0.31 and a 200-day moving average price of C$0.32. The company has a debt-to-equity ratio of 63.51, a quick ratio of 0.22 and a current ratio of 0.05.

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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