Barksdale Resources (CVE:BRO) Shares Down 16.7% – What’s Next?

Barksdale Resources Corp. (CVE:BRO)’s stock price was down 16.7% during trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 142,500 shares traded hands during mid-day trading, a decline of 1% from the average daily volume of 144,079 shares. The stock had previously closed at C$0.12.

Barksdale Resources Stock Performance

The company has a debt-to-equity ratio of 6.17, a current ratio of 1.57 and a quick ratio of 1.56. The stock has a market cap of C$13.12 million, a price-to-earnings ratio of -3.05 and a beta of 0.41. The firm has a fifty day moving average of C$0.12 and a 200 day moving average of C$0.14.

About Barksdale Resources

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.