Shares of Barksdale Resources Corp. (CVE:BRO – Get Free Report) dropped 16.1% during mid-day trading on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 544,100 shares traded hands during trading, an increase of 357% from the average daily volume of 118,931 shares. The stock had previously closed at C$0.16.
Barksdale Resources Stock Performance
The stock has a 50-day simple moving average of C$0.16 and a 200-day simple moving average of C$0.15. The company has a debt-to-equity ratio of 6.26, a current ratio of 1.81 and a quick ratio of 1.56. The stock has a market cap of C$17.37 million, a PE ratio of -2.17 and a beta of 0.41.
About Barksdale Resources
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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