Barksdale Resources (CVE:BRO) Stock Price Down 16.1% – Here’s Why

Barksdale Resources Corp. (CVE:BROGet Free Report)’s share price fell 16.1% on Wednesday . The stock traded as low as C$0.13 and last traded at C$0.13. 544,100 shares were traded during mid-day trading, an increase of 357% from the average session volume of 118,931 shares. The stock had previously closed at C$0.16.

Barksdale Resources Price Performance

The company has a market cap of C$17.37 million, a price-to-earnings ratio of -2.17 and a beta of 0.41. The company has a quick ratio of 1.56, a current ratio of 1.81 and a debt-to-equity ratio of 6.26. The company’s fifty day moving average price is C$0.16 and its two-hundred day moving average price is C$0.15.

About Barksdale Resources

(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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