Barksdale Resources (CVE:BRO) Hits New 52-Week Low – Here’s Why

Shares of Barksdale Resources Corp. (CVE:BROGet Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 83500 shares trading hands. The stock had previously closed at C$0.11.

Barksdale Resources Trading Down 2.9 %

The company has a quick ratio of 1.56, a current ratio of 1.81 and a debt-to-equity ratio of 6.26. The company has a 50-day moving average price of C$0.16 and a 200-day moving average price of C$0.15. The company has a market capitalization of C$13.63 million, a price-to-earnings ratio of -1.70 and a beta of 0.41.

About Barksdale Resources

(Get Free Report)

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.

Read More

Receive News & Ratings for Barksdale Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barksdale Resources and related companies with MarketBeat.com's FREE daily email newsletter.