Barksdale Resources (CVE:BRO) Shares Down 16.1% – Here’s Why

Barksdale Resources Corp. (CVE:BROGet Free Report)’s share price 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 traded 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 Performance

The stock has a market cap of C$17.37 million, a P/E ratio of -2.17 and a beta of 0.41. The company has a fifty day moving average price of C$0.16 and a 200 day moving average price of C$0.15. The company has a debt-to-equity ratio of 6.26, a current ratio of 1.81 and a quick ratio of 1.56.

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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