Barksdale Resources Corp. (CVE:BRO – Get Free Report)’s stock price dropped 9.7% on Wednesday . The company traded as low as C$0.14 and last traded at C$0.14. Approximately 384,100 shares traded hands during mid-day trading, an increase of 257% from the average daily volume of 107,503 shares. The stock had previously closed at C$0.16.
Barksdale Resources Stock Performance
The business has a 50-day moving average price of C$0.16 and a 200-day moving average price of C$0.15. The company has a quick ratio of 1.56, a current ratio of 1.81 and a debt-to-equity ratio of 6.26. The firm has a market capitalization of C$17.37 million, a price-to-earnings 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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