Barksdale Resources (CVE:BRO) Trading Down 20.8% – Should You Sell?

Shares of Barksdale Resources Corp. (CVE:BROGet Free Report) were down 20.8% on Wednesday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 167,000 shares were traded during trading, an increase of 16% from the average daily volume of 144,541 shares. The stock had previously closed at C$0.12.

Barksdale Resources Price Performance

The stock’s 50 day moving average is C$0.12 and its two-hundred day 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. The stock has a market capitalization of C$12.47 million, a PE ratio of -2.89 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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