Insider Buying: Bluestone Resources Inc (CVE:BSR) Director Acquires C$90,500.00 in Stock

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Bluestone Resources Inc (CVE:BSR) Director John Edward Robins acquired 100,000 shares of the business’s stock in a transaction on Thursday, June 20th. The stock was bought at an average cost of C$0.91 per share, for a total transaction of C$90,500.00. Following the completion of the transaction, the director now directly owns 2,975,127 shares of the company’s stock, valued at C$2,692,489.94.

John Edward Robins also recently made the following trade(s):

  • On Friday, June 7th, John Edward Robins acquired 8,500 shares of Bluestone Resources stock. The stock was bought at an average cost of C$0.96 per share, for a total transaction of C$8,117.50.
  • On Thursday, May 30th, John Edward Robins acquired 95,000 shares of Bluestone Resources stock. The stock was bought at an average cost of C$0.99 per share, for a total transaction of C$94,050.00.

CVE:BSR opened at C$0.97 on Wednesday. The firm has a 50-day moving average of C$0.97. The company has a quick ratio of 10.64, a current ratio of 10.79 and a debt-to-equity ratio of 0.44. Bluestone Resources Inc has a 12 month low of C$0.85 and a 12 month high of C$1.60. The stock has a market capitalization of $77.70 million and a price-to-earnings ratio of -2.50.

Separately, National Bank Financial set a C$2.30 price objective on Bluestone Resources and gave the company an “outperform” rating in a research report on Wednesday, March 20th.

About Bluestone Resources

Bluestone Resources Inc operates as a mineral exploration and development company. It focuses on advancing its 100% owned Cerro Blanco gold and Mita geothermal projects located in 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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Insider Buying and Selling by Quarter for Bluestone Resources (CVE:BSR)

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