Barksdale Resources (CVE:BRO) Stock Price Up 17.6% – Should You Buy?

Barksdale Resources Corp. (CVE:BROGet Free Report)’s stock price was up 17.6% during trading on Wednesday . The company traded as high as C$0.20 and last traded at C$0.20. Approximately 180,509 shares traded hands during trading, an increase of 72% from the average daily volume of 104,747 shares. The stock had previously closed at C$0.17.

Barksdale Resources Price Performance

The firm has a market cap of C$24.05 million, a PE ratio of -3.00 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. The company’s 50-day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.15.

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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