Bluestone Resources (CVE:BSR) Trading Down 1.6% – Time to Sell?

Bluestone Resources Inc. (CVE:BSRGet Free Report) traded down 1.6% on Monday . The stock traded as low as C$0.30 and last traded at C$0.31. 16,590,787 shares were traded during 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 Trading Down 1.6 %

The company has a current ratio of 0.05, a quick ratio of 0.22 and a debt-to-equity ratio of 63.51. The stock has a market capitalization of C$46.41 million, a price-to-earnings ratio of -4.36 and a beta of 1.94. The business has a 50 day simple moving average of C$0.33 and a 200-day simple moving average of 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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