Barksdale Resources (CVE:BRO) Trading Down 20.8% – Should You Sell?

Barksdale Resources Corp. (CVE:BROGet Free Report)’s stock price dropped 20.8% during mid-day trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 167,000 shares were traded during mid-day trading, an increase of 16% from the average daily volume of 144,541 shares. The stock had previously closed at C$0.12.

Barksdale Resources Stock Performance

The firm has a market capitalization of C$13.78 million, a price-to-earnings ratio of -3.20 and a beta of 0.41. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 6.17. The business has a 50-day moving average of C$0.12 and a two-hundred day moving average of C$0.14.

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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