Barksdale Resources (CVE:BRO) Hits New 1-Year High – What’s Next?

Shares of Barksdale Resources Corp. (CVE:BROGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as C$0.47 and last traded at C$0.47, with a volume of 450009 shares trading hands. The stock had previously closed at C$0.45.

Barksdale Resources Trading Up 5.6%

The company has a debt-to-equity ratio of 16.39, a current ratio of 0.64 and a quick ratio of 1.56. The business has a fifty day moving average of C$0.20 and a 200-day moving average of C$0.14. The stock has a market capitalization of C$97.90 million, a price-to-earnings ratio of -15.83 and a beta of -1.50.

Barksdale Resources Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Barksdale Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barksdale Resources and related companies with MarketBeat.com's FREE daily email newsletter.