Barksdale Resources (CVE:BRO) Stock Price Down 16% – Time to Sell?

Barksdale Resources Corp. (CVE:BROGet Free Report)’s share price traded down 16% during trading on Thursday . The company 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 Stock Down 4.8 %

The company has a quick ratio of 1.56, a current ratio of 1.81 and a debt-to-equity ratio of 6.26. The firm has a 50 day simple moving average of C$0.16 and a 200-day simple moving average of C$0.15. The stock has a market cap of C$13.36 million, a P/E ratio of -1.67 and a beta of 0.41.

Barksdale Resources Company Profile

(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.

Further Reading

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