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

Bluestone Resources Inc. (CVE:BSRGet Free Report) fell 1.6% during mid-day trading on Monday . The stock traded as low as C$0.30 and last traded at C$0.31. 16,590,787 shares changed hands during mid-day trading, an increase of 6,753% from the average session volume of 242,090 shares. The stock had previously closed at C$0.31.

Bluestone Resources Stock Down 1.6 %

The company has a debt-to-equity ratio of 63.51, a current ratio of 0.05 and a quick ratio of 0.22. The firm has a market capitalization of C$46.41 million, a price-to-earnings ratio of -4.36 and a beta of 1.94. The firm’s 50-day moving average price is C$0.33 and its 200 day moving average price is C$0.35.

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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