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

Barksdale Resources Corp. (CVE:BROGet Free Report)’s share price dropped 20.8% during mid-day trading on Thursday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 167,000 shares changed hands during mid-day 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 Stock Performance

The firm has a market cap of C$13.78 million, a P/E ratio of -3.20 and a beta of 0.41. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 6.17. The business’s fifty day simple moving average is C$0.12 and its 200-day simple moving average is C$0.14.

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.

Featured Stories

Receive News & Ratings for Barksdale Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barksdale Resources and related companies with MarketBeat.com's FREE daily email newsletter.