Barksdale Resources (CVE:BRO) Trading Down 16.7% – Here’s What Happened

Barksdale Resources Corp. (CVE:BROGet Free Report) traded down 16.7% during mid-day trading on Wednesday . The company traded as low as C$0.10 and last traded at C$0.10. 162,500 shares were traded during mid-day trading, an increase of 12% from the average session volume of 144,456 shares. The stock had previously closed at C$0.12.

Barksdale Resources Stock Down 16.7 %

The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 6.17. The firm has a market capitalization of C$13.12 million, a price-to-earnings ratio of -3.05 and a beta of 0.41. The stock has a fifty day moving average of C$0.12 and a 200-day moving average of C$0.14.

Barksdale Resources Company Profile

(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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