Barksdale Resources (CVE:BRO) Shares Down 20.8% – Here’s What Happened

Barksdale Resources Corp. (CVE:BROGet Free Report)’s share price fell 20.8% on Wednesday . The company traded as low as C$0.10 and last traded at C$0.10. 167,000 shares traded hands during trading, an increase of 16% from the average session volume of 144,541 shares. The stock had previously closed at C$0.12.

Barksdale Resources Stock Performance

The firm has a market cap of C$13.78 million, a P/E ratio of -3.20 and a beta of 0.41. The company has a debt-to-equity ratio of 6.17, a quick ratio of 1.56 and a current ratio of 1.57. The business’s 50-day simple moving average is C$0.12 and its 200 day simple moving average is C$0.14.

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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