Barksdale Resources (CVE:BRO) Trading Down 8.7% – Here’s What Happened

Barksdale Resources Corp. (CVE:BROGet Free Report)’s stock price traded down 8.7% during trading on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11. 167,323 shares were traded during mid-day trading, an increase of 15% from the average session volume of 145,014 shares. The stock had previously closed at C$0.12.

Barksdale Resources Price Performance

The stock has a market capitalization of C$13.78 million, a PE ratio of -3.20 and a beta of 0.41. The business’s 50-day moving average price is C$0.13 and its 200 day moving average price is C$0.14. The company has a debt-to-equity ratio of 6.17, a quick ratio of 1.56 and a current ratio of 1.57.

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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