Shares of Barksdale Resources Corp. (CVE:BRO – Get Free Report) dropped 16.1% during trading on Wednesday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 544,100 shares changed hands during mid-day trading, an increase of 357% from the average daily volume of 118,931 shares. The stock had previously closed at C$0.16.
Barksdale Resources Price Performance
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 firm has a market capitalization of C$18.71 million, a P/E ratio of -2.33 and a beta of 0.41. The stock’s 50 day simple moving average is C$0.16 and its 200 day simple moving average is C$0.15.
Barksdale Resources Company Profile
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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