Barksdale Resources (CVE:BRO) Stock Price Down 3.2% – Time to Sell?

Barksdale Resources Corp. (CVE:BROGet Free Report) shares were down 3.2% during trading on Friday . The stock traded as low as C$0.15 and last traded at C$0.15. Approximately 622,595 shares were traded during mid-day trading, an increase of 46% from the average daily volume of 427,503 shares. The stock had previously closed at C$0.16.

Barksdale Resources Price Performance

The firm has a 50-day simple moving average of C$0.09 and a 200-day simple moving average of C$0.09. The firm has a market capitalization of C$23.57 million, a PE ratio of -4.00 and a beta of -1.60. The company has a debt-to-equity ratio of 6.17, a current ratio of 1.57 and a quick ratio of 1.56.

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. It also holds interest in the San Antonio, the Four Metals, the Canelo, and the Goat Canyon projects located in Santa Cruz County, Arizona; and the San Javier property located in central Sonora, Mexico.

Further Reading

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