Bluestone Resources (CVE:BSR) Price Target Lowered to C$2.00 at Cormark

Bluestone Resources (CVE:BSRGet Rating) had its price target decreased by Cormark from C$2.50 to C$2.00 in a research report report published on Tuesday morning, BayStreet.CA reports.

Separately, Pi Financial reiterated a buy rating and issued a C$3.30 price objective (down from C$3.40) on shares of Bluestone Resources in a research note on Monday, September 12th.

Bluestone Resources Price Performance

CVE BSR opened at C$0.52 on Tuesday. Bluestone Resources has a fifty-two week low of C$0.50 and a fifty-two week high of C$2.30. The stock’s 50-day moving average is C$0.81 and its two-hundred day moving average is C$1.33. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.65 and a quick ratio of 0.58. The firm has a market cap of C$78.61 million and a P/E ratio of -2.11.

Bluestone Resources (CVE:BSRGet Rating) last posted its quarterly earnings data on Tuesday, August 16th. The company reported C($0.08) EPS for the quarter. On average, analysts anticipate that Bluestone Resources will post -0.08 earnings per share for the current fiscal year.

Bluestone Resources Company Profile

(Get Rating)

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.

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