Barksdale Resources Corp. (CVE:BRO – Get Free Report) shares were up 29% on Thursday . The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 486,900 shares changed hands during trading, an increase of 12% from the average daily volume of 434,111 shares. The stock had previously closed at C$0.16.
Barksdale Resources Price Performance
The firm has a market cap of C$28.72 million, a PE ratio of -4.88 and a beta of -1.06. The company has a debt-to-equity ratio of 6.17, a current ratio of 1.57 and a quick ratio of 1.56. The business’s fifty day moving average is C$0.11 and its 200-day moving average is C$0.09.
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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