Bluestone Resources (CVE:BSR) Trading Up 1.6% – Still a Buy?

Shares of Bluestone Resources Inc. (CVE:BSRGet Free Report) rose 1.6% during trading on Monday . The stock traded as high as C$0.31 and last traded at C$0.31. Approximately 90,830 shares traded 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 Performance

The firm 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 75.60, a quick ratio of 0.22 and a current ratio of 0.08. The stock has a market cap of C$33.21 million, a PE ratio of -5.13 and a beta of 1.94.

About Bluestone Resources

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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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