Barksdale Resources (CVE:BRO) Shares Down 20.8% – Time to Sell?

by · The Markets Daily

Barksdale Resources Corp. (CVE:BRO – Get Free Report)’s share price traded down 20.8% on Wednesday . The company traded as low as C$0.10 and last traded at C$0.10. 167,000 shares changed hands during mid-day trading, an increase of 16% from the average session volume of 144,541 shares. The stock had previously closed at C$0.12.

Barksdale Resources Price Performance

The stock has a 50 day moving average price of C$0.12 and a two-hundred day moving average price of C$0.14. The firm has a market cap of C$12.47 million, a PE ratio of -2.89 and a beta of 0.41. 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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