Barksdale Resources (CVE:BRO) Shares Down 9.7% – Here’s What Happened

Barksdale Resources Corp. (CVE:BROGet Free Report) shares were down 9.7% during mid-day trading on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.14. Approximately 381,100 shares traded hands during trading, an increase of 255% from the average daily volume of 107,217 shares. The stock had previously closed at C$0.16.

Barksdale Resources Price Performance

The firm has a market capitalization of C$18.04 million, a price-to-earnings ratio of -2.25 and a beta of 0.41. The stock’s 50-day moving average price is C$0.16 and its 200 day moving average price is 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

(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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