Barksdale Resources (CVE:BRO) Stock Price Down 16.1% – Should You Sell?

Barksdale Resources Corp. (CVE:BRO)’s share price fell 16.1% during trading on Wednesday . The stock traded as low as C$0.13 and last traded at C$0.13. 544,100 shares changed hands 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 Trading Down 16.1 %

The company has a quick ratio of 1.56, a current ratio of 1.81 and a debt-to-equity ratio of 6.26. The stock has a market capitalization of C$17.37 million, a P/E ratio of -2.17 and a beta of 0.41. The company has a fifty day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.15.

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.