Bluestone Resources Inc. (CVE:BSR – Get Free Report) dropped 10.7% on Tuesday . The company traded as low as C$0.50 and last traded at C$0.50. Approximately 14,900 shares traded hands during trading, a decline of 87% from the average daily volume of 114,449 shares. The stock had previously closed at C$0.56.
Bluestone Resources Stock Down 10.7 %
The company has a market capitalization of C$75.90 million, a price-to-earnings ratio of -7.14 and a beta of 1.77. The company has a debt-to-equity ratio of 44.59, a current ratio of 0.31 and a quick ratio of 0.22. The firm’s fifty day moving average price is C$0.47 and its 200-day moving average price is C$0.34.
Bluestone Resources (CVE:BSR – Get Free Report) last issued its quarterly earnings data on Tuesday, March 12th. The company reported C($0.01) earnings per share for the quarter. Sell-side analysts expect that Bluestone Resources Inc. will post -0.03 earnings per share for the current fiscal 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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