Barksdale Resources (CVE:BRO) Trading Down 3.3% – Should You Sell?

Shares of Barksdale Resources Corp. (CVE:BROGet Free Report) fell 3.3% on Wednesday . The stock traded as low as C$0.15 and last traded at C$0.15. 363,000 shares were traded during mid-day trading, an increase of 367% from the average session volume of 77,788 shares. The stock had previously closed at C$0.15.

Barksdale Resources Stock Down 14.3 %

The firm has a 50 day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.16. The company has a market capitalization of C$20.04 million, a PE ratio of -2.50 and a beta of 0.41. The company has a current ratio of 1.81, a quick ratio of 1.56 and a debt-to-equity ratio of 6.26.

Barksdale Resources (CVE:BROGet Free Report) last announced its earnings results on Monday, July 29th. The company reported C($0.02) earnings per share for the quarter. Research analysts expect that Barksdale Resources Corp. will post -0.02 EPS for the current year.

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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