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

Bluestone Resources Inc. (CVE:BSR) shares 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 were traded 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 Price Performance

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

About Bluestone Resources

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.