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

Bluestone Resources Inc. (CVE:BSRGet Free Report) shares rose 1.6% during mid-day trading on Monday . The stock traded as high as C$0.31 and last traded at C$0.31. Approximately 90,830 shares changed 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 Trading Up 1.6%

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

Bluestone Resources Company Profile

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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. Bluestone Resources Inc was incorporated in 2000 and is headquartered in Vancouver, Canada.

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