Shares of Barksdale Resources Corp. (CVE:BRO – Get Free Report) dropped 12.5% during mid-day trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 107,500 shares changed hands during trading, a decline of 25% from the average daily volume of 143,324 shares. The stock had previously closed at C$0.12.
Barksdale Resources Stock Performance
The firm has a market capitalization of C$13.78 million, a PE ratio of -3.20 and a beta of 0.41. The business has a 50-day simple moving average of C$0.12 and a 200-day simple moving average of C$0.14. The company has a debt-to-equity ratio of 6.17, a current ratio of 1.57 and a quick ratio of 1.56.
Barksdale Resources Company Profile
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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