Bluestone Resources Inc. (OTCMKTS:BBSRF – Get Rating) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totalling 2,900 shares, a drop of 54.7% from the August 15th total of 6,400 shares. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is currently 0.5 days.
Bluestone Resources Price Performance
BBSRF traded up $0.01 during midday trading on Thursday, hitting $0.56. 26,800 shares of the company's stock traded hands, compared to its average volume of 11,942. The stock's fifty day simple moving average is $0.64 and its 200-day simple moving average is $1.08. Bluestone Resources has a one year low of $0.55 and a one year high of $1.79.
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Bluestone Resources Inc engages in the exploration and development of mineral properties. Its flagship property is the 100% owned Cerro Blanco gold project located in southeastern Guatemala. The company was formerly known as Indicator Minerals Inc and changed its name to Bluestone Resources Inc in January 2012.See Also
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