Barksdale Resources (CVE:BRO) Trading Down 3.3% – Should You Sell?

by · The Cerbat Gem

Barksdale Resources Corp. (CVE:BRO – Get Free Report)’s stock price fell 3.3% during mid-day trading on Wednesday . The company traded as low as C$0.15 and last traded at C$0.15. 363,000 shares were traded during trading, an increase of 367% from the average session volume of 77,788 shares. The stock had previously closed at C$0.15.

Barksdale Resources Stock Down 14.3 %

The business has a 50 day moving average of C$0.15 and a 200-day moving average of C$0.16. The stock has a market cap of C$20.04 million, a PE ratio of -2.50 and a beta of 0.41. The company has a current ratio of 1.81, a quick ratio of 1.56 and a debt-to-equity ratio of 6.26.

Barksdale Resources (CVE:BRO – Get Free Report) last released its quarterly earnings results on Monday, July 29th. The company reported C($0.02) earnings per share (EPS) for the quarter. Equities research analysts predict that Barksdale Resources Corp. will post -0.02 EPS for the current fiscal year.

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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