Barksdale Resources (CVE:BRO) Stock Price Down 12.5% – Time to Sell?

Barksdale Resources Corp. (CVE:BROGet Free Report)’s share price was down 12.5% during trading on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 107,500 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 143,324 shares. The stock had previously closed at C$0.12.

Barksdale Resources Price Performance

The company 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 50-day simple moving average of C$0.12 and a 200 day simple moving average of C$0.14. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 6.17.

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.

Further Reading

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