Barksdale Resources (CVE:BRO) Stock Price Down 6.5% – What’s Next?

Barksdale Resources Corp. (CVE:BRO)’s stock price was down 6.5% on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.15. Approximately 442,600 shares were traded during mid-day trading, an increase of 296% from the average daily volume of 111,681 shares. The stock had previously closed at C$0.16.

Barksdale Resources Stock Down 16.1 %

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

About Barksdale Resources

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.