Barksdale Resources Corp. (CVE:BRO – Get Free Report) dropped 15.8% on Tuesday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 292,600 shares traded hands during trading, an increase of 99% from the average daily volume of 146,836 shares. The stock had previously closed at C$0.10.
Barksdale Resources Price Performance
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 50 day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.12. 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.
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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