Barksdale Resources (CVE:BRO) Shares Down 8.7% – Time to Sell?

Barksdale Resources Corp. (CVE:BROGet Free Report)’s stock price dropped 8.7% on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 167,323 shares traded hands during mid-day trading, an increase of 15% from the average daily volume of 145,014 shares. The stock had previously closed at C$0.12.

Barksdale Resources Stock Down 4.0 %

The firm has a 50 day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.14. The stock has a market cap of C$15.75 million, a price-to-earnings ratio of -3.65 and a beta of 0.41. 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.

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