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

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

Bluestone Resources Trading Down 1.6 %

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

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.

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