Barksdale Resources (CVE:BRO) Trading 7.1% Higher

Shares of Barksdale Resources Corp. (CVE:BRO) rose 7.1% during trading on Monday . The stock traded as high as C$0.16 and last traded at C$0.15. Approximately 76,288 shares were traded during mid-day trading, a decline of 4% from the average daily volume of 79,846 shares. The stock had previously closed at C$0.14.

Analyst Ratings Changes

Separately, Cormark cut their price objective on Barksdale Resources from C$1.00 to C$0.85 in a research report on Wednesday, March 20th.

Barksdale Resources Stock Up 3.3 %

The company has a debt-to-equity ratio of 9.29, a quick ratio of 1.56 and a current ratio of 0.35. The firm has a market capitalization of C$14.20 million, a PE ratio of -3.88 and a beta of 0.48. The company has a fifty day moving average price of C$0.16 and a 200-day moving average price of C$0.23.

Barksdale Resources Company Profile

Barksdale Resources Corp. engages in the acquisition and exploration of precious and base metal mineral properties in the United States and Mexico. It primarily explores for copper, zinc, lead, silver, and gold ores. The company's primary asset is the Sunnyside property comprising of 286 unpatented mining claims covering approximately 5,223.71 acres located in the Patagonia Mountains of southern Arizona.