Barksdale Resources Corp. (CVE:BRO – Get Free Report) shares shot up 15.8% during mid-day trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 146,833 shares traded hands during trading, an increase of 2% from the average daily volume of 143,998 shares. The stock had previously closed at C$0.10.
Barksdale Resources Price Performance
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 firm has a market cap of C$14.44 million, a price-to-earnings ratio of -3.35 and a beta of 0.41. The company’s 50-day moving average price is C$0.10 and its 200-day moving average price is C$0.13.
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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