Barksdale Resources (CVE:BRO) Trading Up 15.8% – Time to Buy?

Shares of Barksdale Resources Corp. (CVE:BROGet Free Report) shot up 15.8% on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. 146,833 shares changed hands during trading, an increase of 3% from the average session volume of 142,360 shares. The stock had previously closed at C$0.10.

Barksdale Resources Trading Up 15.8 %

The company has a debt-to-equity ratio of 6.17, a current ratio of 1.57 and a quick ratio of 1.56. The stock has a market capitalization of C$14.44 million, a price-to-earnings ratio of -3.35 and a beta of 0.41. The business has a fifty day moving average of C$0.10 and a 200-day moving average of C$0.13.

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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