Barksdale Resources (CVE:BRO) Trading Down 16.1% – Here’s Why

Barksdale Resources Corp. (CVE:BROGet Free Report) was down 16.1% during mid-day trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 544,100 shares were traded during trading, an increase of 357% from the average daily volume of 118,931 shares. The stock had previously closed at C$0.16.

Barksdale Resources Price Performance

The company has a debt-to-equity ratio of 6.26, a current ratio of 1.81 and a quick ratio of 1.56. The company’s 50-day simple moving average is C$0.16 and its 200-day simple moving average is C$0.15. The stock has a market capitalization of C$17.37 million, a P/E ratio of -2.17 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.

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