Barksdale Resources (CVE:BRO) Trading 35.7% Higher – Time to Buy?

Barksdale Resources Corp. (CVE:BROGet Free Report) rose 35.7% on Monday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 238,500 shares were traded during trading, an increase of 64% from the average daily volume of 145,357 shares. The stock had previously closed at C$0.07.

Barksdale Resources Stock Performance

The company has a market cap of C$12.47 million, a price-to-earnings ratio of -2.89 and a beta of 0.41. 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 fifty day moving average of C$0.08 and a two-hundred day moving average of C$0.12.

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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