Barksdale Resources (CVE:BRO) Trading Down 9.7% – Should You Sell?

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

Barksdale Resources Trading Up 7.7 %

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’s 50 day moving average price is C$0.16 and its 200-day moving average price is C$0.15. The stock has a market capitalization of C$18.71 million, a PE ratio of -2.33 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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