Barksdale Resources (CVE:BRO) Stock Price Down 16% – Should You Sell?

Barksdale Resources Corp. (CVE:BROGet Free Report) shares dropped 16% during trading on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 359,200 shares changed hands during trading, an increase of 188% from the average daily volume of 124,703 shares. The stock had previously closed at C$0.13.

Barksdale Resources Stock Down 16.0 %

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$14.03 million, a PE ratio of -1.75 and a beta of 0.41. The company has a 50 day moving average price of C$0.16 and a two-hundred day moving average price of C$0.15.

Barksdale Resources Company Profile

(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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