Barksdale Resources (CVE:BRO) Stock Price Down 16.1% – Here’s Why

Barksdale Resources Corp. (CVE:BROGet Free Report) traded down 16.1% on Wednesday . The company traded as low as C$0.13 and last traded at C$0.13. 544,100 shares were traded during trading, an increase of 357% from the average session volume of 118,931 shares. The stock had previously closed at C$0.16.

Barksdale Resources Stock Down 16.1 %

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 business has a fifty day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.15. The company has a market capitalization of C$17.37 million, a price-to-earnings 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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