Barkerville Gold Mines Ltd. (BGM.V) (CVE:BGM) Stock Price Down 3.6% – Here’s Why

Shares of Barkerville Gold Mines Ltd. (BGM.V) (CVE:BGM) dropped 3.6% during mid-day trading on Friday. The company traded as low as C$0.41 and last traded at C$0.41. Approximately 7,500 shares changed hands during trading, a decline of 98% from the average daily volume of 493,786 shares. The stock had previously closed at C$0.42.

Barkerville Gold Mines Ltd. (BGM.V) Stock Down 3.6%

The firm has a market capitalization of C$227.86 million and a P/E ratio of -3.14. The company has a current ratio of 0.88, a quick ratio of 0.72 and a debt-to-equity ratio of 269.93. The stock’s 50-day simple moving average is C$0.41 and its 200-day simple moving average is C$0.41.

About Barkerville Gold Mines Ltd. (BGM.V)

Barkerville Gold Mines Ltd. engages in the acquisition, exploration, development, and production of gold mineral properties in Canada. The company focuses on the development of Cariboo Mining District of central British Columbia. It controls approximately 195,000 hectares of mineral tenures and Crown-Granted mineral claims, as well as a block of contiguous mineral tenures package centered around the Town of Wells, which is located to the east of Quesnel, British Columbia. The company was formerly known as International Wayside Gold Mines Ltd.