Barksdale Resources (CVE:BRO) Sets New 1-Year Low – Here’s Why

Barksdale Resources Corp. (CVE:BROGet Free Report)’s share price reached a new 52-week low on Thursday . The company traded as low as C$0.08 and last traded at C$0.09, with a volume of 119050 shares trading hands. The stock had previously closed at C$0.09.

Barksdale Resources Stock Performance

The company has a debt-to-equity ratio of 6.17, a quick ratio of 1.56 and a current ratio of 1.57. The company has a market cap of C$11.16 million, a PE ratio of -2.59 and a beta of 0.41. The company’s 50 day moving average price is C$0.11 and its 200-day moving average price is 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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