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

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

Barksdale Resources Stock Up 7.7 %

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 cap of C$18.71 million, a P/E ratio of -2.33 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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