Shares of Barksdale Resources Corp. (CVE:BRO – Get Free Report) dropped 16.7% on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 162,500 shares were traded during trading, an increase of 12% from the average daily volume of 144,456 shares. The stock had previously closed at C$0.12.
Barksdale Resources Stock Performance
The company’s fifty day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.14. The company has a debt-to-equity ratio of 6.17, a quick ratio of 1.56 and a current ratio of 1.57. The company has a market capitalization of C$13.78 million, a price-to-earnings ratio of -3.20 and a beta of 0.41.
Barksdale Resources Company Profile
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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