Barksdale Resources (CVE:BRO) Reaches New 12-Month Low – Should You Sell?

Shares of Barksdale Resources Corp. (CVE:BROGet Free Report) reached a new 52-week low on Thursday . The stock traded as low as C$0.09 and last traded at C$0.11, with a volume of 174000 shares. The stock had previously closed at C$0.10.

Barksdale Resources Price Performance

The firm has a 50 day moving average price of C$0.15 and a two-hundred day moving average price of C$0.15. The company has a debt-to-equity ratio of 6.17, a quick ratio of 1.56 and a current ratio of 1.57. The company has a market cap of C$13.12 million, a P/E ratio of -3.05 and a beta of 0.41.

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.

Further Reading

Receive News & Ratings for Barksdale Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barksdale Resources and related companies with MarketBeat.com's FREE daily email newsletter.