Barksdale Resources Corp. (CVE:BRO – Get Free Report) shares dropped 6.5% on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.15. Approximately 442,600 shares changed hands during trading, an increase of 296% from the average daily volume of 111,681 shares. The stock had previously closed at C$0.16.
Barksdale Resources Stock Down 16.1 %
The company has a market capitalization of C$17.37 million, a P/E ratio of -2.17 and a beta of 0.41. The firm’s 50 day moving average price is C$0.16 and its two-hundred day moving average price is C$0.15. The company has a current ratio of 1.81, a quick ratio of 1.56 and a debt-to-equity ratio of 6.26.
About Barksdale Resources
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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