Barksdale Resources (CVE:BRO) Trading 15.8% Higher – Time to Buy?

Shares of Barksdale Resources Corp. (CVE:BROGet Free Report) shot up 15.8% during mid-day trading on Tuesday . The stock traded as high as C$0.11 and last traded at C$0.11. 146,833 shares were traded during mid-day trading, an increase of 2% from the average session volume of 143,998 shares. The stock had previously closed at C$0.10.

Barksdale Resources Trading Down 4.5 %

The company’s 50 day moving average price is C$0.10 and its 200 day moving average price is C$0.13. The company has a debt-to-equity ratio of 6.17, a current ratio of 1.57 and a quick ratio of 1.56. The firm has a market cap of C$13.78 million, a PE ratio of -3.20 and a beta of 0.41.

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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