Barksdale Resources (CVE:BRO) Trading Down 8.7% – Time to Sell?

Barksdale Resources Corp. (CVE:BROGet Free Report) traded down 8.7% on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11. 167,823 shares were traded during mid-day trading, an increase of 16% from the average session volume of 145,014 shares. The stock had previously closed at C$0.12.

Barksdale Resources Trading Down 8.7 %

The company has a market capitalization of C$13.78 million, a P/E ratio of -3.20 and a beta of 0.41. 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 firm has a fifty day moving average price of C$0.13 and a 200-day moving average price of C$0.14.

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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