Barksdale Resources Corp. (CVE:BRO – Get Free Report) shares dropped 16.1% during trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 544,100 shares traded hands during trading, an increase of 357% from the average daily volume of 118,931 shares. The stock had previously closed at C$0.16.
Barksdale Resources Price Performance
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 stock has a market capitalization of C$17.37 million, a PE ratio of -2.17 and a beta of 0.41. The company has a 50-day moving average of C$0.16 and a 200 day moving average of C$0.15.
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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