Barksdale Resources (CVE:BRO) Stock Price Down 16.7% – Here’s What Happened

Barksdale Resources Corp. (CVE:BROGet Free Report)’s stock price was down 16.7% on Wednesday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 142,500 shares traded hands during trading, a decline of 1% from the average daily volume of 144,079 shares. The stock had previously closed at C$0.12.

Barksdale Resources Price Performance

The company has a market capitalization of C$13.78 million, a price-to-earnings ratio of -3.20 and a beta of 0.41. The stock’s fifty day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.14. The company has a debt-to-equity ratio of 6.17, a current ratio of 1.57 and a quick ratio of 1.56.

About Barksdale Resources

(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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