Barksdale Resources (CVE:BRO) Shares Down 16.1% – What’s Next?

Barksdale Resources Corp. (CVE:BROGet Free Report) fell 16.1% during trading on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. 544,100 shares changed hands during mid-day trading, an increase of 357% from the average session volume of 118,931 shares. The stock had previously closed at C$0.16.

Barksdale Resources Stock Up 3.8 %

The company has a debt-to-equity ratio of 6.26, a current ratio of 1.81 and a quick ratio of 1.56. The stock has a market cap of C$18.04 million, a price-to-earnings ratio of -2.25 and a beta of 0.41. The firm has a 50 day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.15.

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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