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

Barksdale Resources Corp. (CVE:BRO) traded down 16.1% on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. 544,100 shares traded hands during 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 Stock Up 7.7 %

The company has a debt-to-equity ratio of 6.26, a quick ratio of 1.56 and a current ratio of 1.81. The company has a fifty day moving average of C$0.16 and a two-hundred day moving average of C$0.15. The company has a market cap of C$18.71 million, a PE ratio of -2.33 and a beta of 0.41.

Barksdale Resources Company Profile

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.