Barksdale Resources (CVE:BRO) Shares Down 8.7% – Here’s Why

Barksdale Resources Corp. (CVE:BROGet Free Report)’s stock price was down 8.7% during trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 167,323 shares were traded during trading, an increase of 15% from the average daily volume of 145,014 shares. The stock had previously closed at C$0.12.

Barksdale Resources Price Performance

The stock has a market cap of C$13.78 million, a P/E ratio of -3.20 and a beta of 0.41. The business has a 50-day simple moving average of C$0.13 and a 200 day simple moving average of C$0.14. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 6.17.

Barksdale Resources Company Profile

(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.

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