Shares of Barksdale Resources Corp. (CVE:BRO – Get Free Report) dropped 20.8% during mid-day trading on Thursday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 167,000 shares were traded during trading, an increase of 16% from the average daily volume of 144,541 shares. The stock had previously closed at C$0.12.
Barksdale Resources Stock Performance
The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 6.17. The firm has a market capitalization of C$12.47 million, a price-to-earnings ratio of -2.89 and a beta of 0.41. The stock’s 50-day moving average is C$0.12 and its 200-day moving average is C$0.14.
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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