Shares of Barksdale Resources Corp. (CVE:BRO – Get Free Report) dropped 10.2% during mid-day trading on Monday . The stock traded as low as C$0.40 and last traded at C$0.40. Approximately 211,018 shares changed hands during trading, a decline of 53% from the average daily volume of 448,464 shares. The stock had previously closed at C$0.44.
Barksdale Resources Stock Up 2.3%
The stock has a market capitalization of C$92.74 million, a P/E ratio of -15.00 and a beta of -1.50. The firm’s fifty day moving average is C$0.19 and its 200-day moving average is C$0.14. The company has a current ratio of 0.64, a quick ratio of 1.56 and a debt-to-equity ratio of 16.39.
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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