Barksdale Resources (CVE:BRO) Trading Down 8.7% – Here’s What Happened

Barksdale Resources Corp. (CVE:BROGet Free Report) shares were down 8.7% on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 167,823 shares changed hands during mid-day trading, an increase of 16% from the average daily volume of 145,014 shares. The stock had previously closed at C$0.12.

Barksdale Resources Stock Performance

The firm has a market cap of C$13.78 million, a P/E ratio of -3.20 and a beta of 0.41. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 6.17. The company’s 50-day moving average is C$0.13 and its two-hundred day moving average is C$0.14.

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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