Barksdale Resources (CVE:BRO) Stock Price Down 16% – What’s Next?

Barksdale Resources Corp. (CVE:BROGet Free Report)’s share price traded down 16% during mid-day trading on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11. 359,200 shares traded hands during trading, an increase of 188% from the average session volume of 124,703 shares. The stock had previously closed at C$0.13.

Barksdale Resources Trading Down 16.0 %

The stock’s 50 day simple moving average is C$0.16 and its 200 day simple moving average is C$0.15. The firm has a market cap of C$14.03 million, a PE ratio of -1.75 and a beta of 0.41. The company has a debt-to-equity ratio of 6.26, a quick ratio of 1.56 and a current ratio of 1.81.

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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