Barksdale Resources Corp. (CVE:BRO – Get Free Report) shares dropped 12.9% on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.14. Approximately 518,600 shares were traded during mid-day trading, an increase of 347% from the average daily volume of 116,146 shares. The stock had previously closed at C$0.16.
Barksdale Resources Price Performance
The firm has a market cap of C$18.71 million, a P/E ratio of -2.33 and a beta of 0.41. The stock’s 50-day moving average is C$0.16 and its 200-day moving average is C$0.15. The company has a quick ratio of 1.56, a current ratio of 1.81 and a debt-to-equity ratio of 6.26.
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.
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