Barksdale Resources (CVE:BRO) Shares Down 16.1% – Time to Sell?

Barksdale Resources Corp. (CVE:BRO) fell 16.1% on Wednesday . The stock traded as low as C$0.13 and last traded at C$0.13. 544,100 shares were traded during trading, an increase of 357% from the average session volume of 118,931 shares. The stock had previously closed at C$0.16.

Barksdale Resources Stock Down 16.1 %

The firm has a market capitalization of C$17.37 million, a PE ratio of -2.17 and a beta of 0.41. The stock has a 50-day simple moving average of C$0.16 and a 200-day simple moving average of C$0.15. The company has a quick ratio of 1.56, a current ratio of 1.81 and a debt-to-equity ratio of 6.26.

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.