Barksdale Resources (CVE:BRO) Shares Down 20.8% – Should You Sell?

Barksdale Resources Corp. (CVE:BROGet Free Report)’s stock price traded down 20.8% on Wednesday . The company traded as low as C$0.10 and last traded at C$0.10. 167,000 shares changed hands during trading, an increase of 16% from the average session volume of 144,541 shares. The stock had previously closed at C$0.12.

Barksdale Resources Stock Performance

The stock’s fifty day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.14. The company has a market cap of C$13.78 million, a price-to-earnings ratio of -3.20 and a beta of 0.41. The company has a debt-to-equity ratio of 6.17, a quick ratio of 1.56 and a current ratio of 1.57.

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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