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

by · The Markets Daily

Barksdale Resources Corp. (CVE:BRO – Get Free Report)’s stock price rose 15.8% during trading on Monday . The company 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 Trading Up 15.8 %

The company has a market cap of C$14.44 million, a P/E ratio of -3.35 and a beta of 0.41. The firm’s 50 day moving average is C$0.10 and its two-hundred day moving average is C$0.13. 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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