Barksdale Resources (CVE:BRO) Trading Up 17.6% – What’s Next?

Barksdale Resources Corp. (CVE:BRO)’s stock price traded up 17.6% on Wednesday . The stock traded as high as C$0.20 and last traded at C$0.20. 180,509 shares changed hands during trading, an increase of 72% from the average session volume of 104,747 shares. The stock had previously closed at C$0.17.

Barksdale Resources Stock Performance

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 business has a 50-day moving average of C$0.15 and a 200-day moving average of C$0.15. The company has a market capitalization of C$26.72 million, a P/E ratio of -3.33 and a beta of 0.41.

Barksdale Resources Company Profile

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.