Barksdale Resources (CVE:BRO) Trading Down 5.6% – What’s Next?

Shares of Barksdale Resources Corp. (CVE:BRO) were down 5.6% during trading on Wednesday . The company traded as low as C$0.17 and last traded at C$0.17. Approximately 101,946 shares were traded during mid-day trading, a decline of 4% from the average daily volume of 106,129 shares. The stock had previously closed at C$0.18.

Barksdale Resources Stock Up 5.9 %

The stock’s fifty day moving average price is C$0.15 and its 200 day moving average price is C$0.15. The company has a current ratio of 1.81, a quick ratio of 1.56 and a debt-to-equity ratio of 6.26. The stock has a market cap of C$24.05 million, a P/E ratio of -3.00 and a beta of 0.41.

Barksdale Resources Company Profile

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.