Barksdale Resources (CVE:BRO) Stock Price Down 16.7% – Time to Sell?

by · The Cerbat Gem

Barksdale Resources Corp. (CVE:BRO – Get Free Report)’s share price traded down 16.7% during mid-day trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10. 162,500 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 144,456 shares. The stock had previously closed at C$0.12.

Barksdale Resources Price Performance

The firm has a market capitalization of C$13.78 million, a P/E ratio of -3.20 and a beta of 0.41. The company has a debt-to-equity ratio of 6.17, a current ratio of 1.57 and a quick ratio of 1.56. The firm’s fifty day moving average price is C$0.12 and its 200-day moving average price is C$0.14.

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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