Barksdale Resources Corp. (CVE:BRO – Get Free Report) traded up 23.5% during mid-day trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.14. 3,213,710 shares were traded during mid-day trading, an increase of 967% from the average session volume of 301,103 shares. The stock had previously closed at C$0.12.
Barksdale Resources Price Performance
The stock has a market cap of C$22.83 million, a P/E ratio of -3.88 and a beta of -1.60. The company’s 50 day moving average price is C$0.08 and its 200-day moving average price is C$0.09. The company has a quick ratio of 1.56, a current ratio of 1.57 and a debt-to-equity ratio of 6.17.
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. It also holds interest in the San Antonio, the Four Metals, the Canelo, and the Goat Canyon projects located in Santa Cruz County, Arizona; and the San Javier property located in central Sonora, Mexico.
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