Barksdale Resources Corp. (CVE:BRO – Get Free Report) shares dropped 20.8% during mid-day trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 167,000 shares traded hands during mid-day trading, an increase of 16% from the average daily volume of 144,541 shares. The stock had previously closed at C$0.12.
Barksdale Resources Stock Down 20.8 %
The stock has a market capitalization of C$12.47 million, a price-to-earnings ratio of -2.89 and a beta of 0.41. The firm’s fifty day moving average is C$0.12 and its 200-day moving average is C$0.14. The company has a debt-to-equity ratio of 6.17, a current ratio of 1.57 and a quick ratio of 1.56.
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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