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

Barksdale Resources Corp. (CVE:BROGet Free Report)’s share price traded 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. 384,100 shares were traded during trading, an increase of 257% from the average session volume of 107,503 shares. The stock had previously closed at C$0.16.

Barksdale Resources Stock Performance

The company has a debt-to-equity ratio of 6.26, a quick ratio of 1.56 and a current ratio of 1.81. The firm’s fifty day moving average price is C$0.16 and its 200 day moving average price is C$0.15. The firm has a market cap 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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