Shares of Barksdale Resources Corp. (CVE:BRO – Get Free Report) dropped 6.5% on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.15. Approximately 442,600 shares changed hands during trading, an increase of 296% from the average daily volume of 111,681 shares. The stock had previously closed at C$0.16.
Barksdale Resources Trading Up 7.7 %
The business’s 50-day simple moving average is C$0.16 and its two-hundred day simple moving average 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. The firm has a market capitalization of C$18.71 million, a price-to-earnings ratio of -2.33 and a beta of 0.41.
About Barksdale Resources
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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