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

Bluestone Resources Inc. (CVE:BSRGet Free Report) shares traded down 1.6% during mid-day trading on Wednesday . The stock traded as low as C$0.30 and last traded at C$0.31. 3,059,552 shares traded hands during mid-day trading, an increase of 2,091% from the average session volume of 139,640 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 firm has a market capitalization of C$46.41 million, a P/E ratio of -4.36 and a beta of 1.94. The business has a 50 day moving average of C$0.33 and a 200-day moving average of C$0.38.

Bluestone Resources (CVE:BSRGet Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The company reported C($0.01) earnings per share (EPS) for the quarter. Analysts anticipate that Bluestone Resources Inc. will post -0.03 EPS for the current fiscal year.

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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