Bluestone Resources (BSR) PT Raised to C$2.35 at Macquarie

Bluestone Resources (CVE:BSR) had its target price boosted by research analysts at Macquarie from C$2.25 to C$2.35 in a research report issued to clients and investors on Tuesday, September 11th. Macquarie’s price objective would indicate a potential upside of 80.77% from the stock’s previous close.

Separately, National Bank Financial cut their price objective on Bluestone Resources from C$2.50 to C$2.40 in a report on Saturday, July 14th.

Bluestone Resources stock traded down C$0.01 during midday trading on Tuesday, hitting C$1.30. 56,200 shares of the company’s stock were exchanged, compared to its average volume of 32,983. Bluestone Resources has a 52-week low of C$0.95 and a 52-week high of C$1.60.

Bluestone Resources (CVE:BSR) last posted its earnings results on Wednesday, August 22nd. The company reported C($0.13) EPS for the quarter.

Bluestone Resources Company Profile

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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