Barksdale Resources (CVE:BRO) Stock Price Up 15.8% – What’s Next?

by · The Cerbat Gem

Barksdale Resources Corp. (CVE:BRO – Get Free Report) shares rose 15.8% during mid-day trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 146,833 shares changed hands during trading, an increase of 2% from the average daily volume of 143,998 shares. The stock had previously closed at C$0.10.

Barksdale Resources Price Performance

The stock’s 50 day simple moving average is C$0.10 and its 200-day simple moving average is C$0.13. 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 firm has a market cap of C$14.44 million, a price-to-earnings ratio of -3.35 and a beta of 0.41.

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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