Barksdale Resources (CVE:BRO) Stock Price Up 6.5%

Barksdale Resources Corp. (CVE:BRO) traded up 6.5% during trading on Tuesday . The company traded as high as C$0.17 and last traded at C$0.17. 9,000 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 82,001 shares. The stock had previously closed at C$0.16.

Analyst Ratings Changes

Separately, Cormark reduced their target price on Barksdale Resources from C$1.00 to C$0.85 in a report on Wednesday, March 20th.

Barksdale Resources Stock Up 22.6 %

The company has a quick ratio of 1.56, a current ratio of 0.35 and a debt-to-equity ratio of 9.29. The firm has a 50 day moving average of C$0.19 and a 200 day moving average of C$0.38. The firm has a market cap of C$17.41 million, a price-to-earnings ratio of -3.88 and a beta of 0.79.

Barksdale Resources (CVE:BRO) last issued its quarterly earnings results on Tuesday, March 19th. The company reported C($0.01) EPS for the quarter. As a group, sell-side analysts predict that Barksdale Resources Corp. will post -0.02 earnings per share for the current year.

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.