Bluestone Resources Inc. (CVE:BSR – Get Free Report)’s stock price dropped 10% during trading on Wednesday . The company traded as low as C$0.27 and last traded at C$0.27. Approximately 106,508 shares changed hands during trading, a decline of 5% from the average daily volume of 112,498 shares. The stock had previously closed at C$0.30.
Bluestone Resources Stock Down 10.0 %
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 firm has a market capitalization of C$41.08 million, a P/E ratio of -3.86 and a beta of 1.89. The stock has a fifty day moving average price of C$0.30 and a two-hundred day moving average price of C$0.41.
Bluestone Resources (CVE:BSR – Get Free Report) last released its earnings results on Wednesday, August 14th. The company reported C($0.01) earnings per share for the quarter. Research analysts forecast that Bluestone Resources Inc. will post -0.03 EPS for the current year.
Bluestone Resources Company Profile
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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