Barksdale Resources (CVE:BRO) Trading Down 5.6% – Here’s What Happened

by · The Markets Daily

Shares of Barksdale Resources Corp. (CVE:BRO – Get Free Report) traded down 5.6% during trading on Wednesday . The company traded as low as C$0.17 and last traded at C$0.17. 101,946 shares traded hands during mid-day trading, a decline of 4% from the average session volume of 106,129 shares. The stock had previously closed at C$0.18.

Barksdale Resources Price Performance

The company has a market capitalization of C$22.71 million, a P/E ratio of -2.83 and a beta of 0.41. The company has a debt-to-equity ratio of 6.26, a current ratio of 1.81 and a quick ratio of 1.56. The company has a fifty day moving average price of C$0.15 and a 200 day moving average price of C$0.15.

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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