Barksdale Resources (CVE:BRO) Stock Price 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 changed hands 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 Trading Down 16.1 %

The company has a current ratio of 1.81, a quick ratio of 1.56 and a debt-to-equity ratio of 6.26. The business has a 50 day moving average price of C$0.16 and a 200-day moving average price of C$0.15. The firm has a market capitalization of C$17.37 million, a PE ratio of -2.17 and a beta of 0.41.

About Barksdale Resources

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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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