Barksdale Resources (CVE:BRO) Stock Price Down 4.3% – Time to Sell?

Barksdale Resources Corp. (CVE:BRO)’s stock price traded down 4.3% during trading on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. 165,323 shares traded hands during mid-day trading, an increase of 16% from the average session volume of 142,643 shares. The stock had previously closed at C$0.12.

Barksdale Resources Stock Down 8.7 %

The company has a debt-to-equity ratio of 6.17, a current ratio of 1.57 and a quick ratio of 1.56. The business has a 50 day moving average of C$0.13 and a 200 day moving average of C$0.14. The firm has a market capitalization of C$13.78 million, a price-to-earnings ratio of -3.20 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.