Barksdale Resources (CVE:BRO) Trading Up 15% – Here’s Why

Barksdale Resources Corp. (CVE:BROGet Free Report)’s stock price was up 15% during trading on Friday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 724,300 shares were traded during mid-day trading, an increase of 397% from the average daily volume of 145,601 shares. The stock had previously closed at C$0.10.

Barksdale Resources Stock Up 15.0 %

The firm has a market capitalization of C$15.09 million, a price-to-earnings ratio of -3.50 and a beta of 0.41. The stock has a 50 day moving average of C$0.14 and a 200 day moving average of C$0.15. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 6.17.

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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