Short Interest in Bluestone Resources Inc. (OTCMKTS:BBSRF) Rises By 25.5%

Bluestone Resources Inc. (OTCMKTS:BBSRFGet Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 27,600 shares, an increase of 25.5% from the April 30th total of 22,000 shares. Based on an average daily volume of 43,200 shares, the days-to-cover ratio is presently 0.6 days.

Bluestone Resources Stock Performance

BBSRF stock opened at $0.35 on Friday. The business has a 50 day moving average price of $0.39 and a 200 day moving average price of $0.28. Bluestone Resources has a fifty-two week low of $0.13 and a fifty-two week high of $0.61.

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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