Barksdale Resources (CVE:BRO) Trading Up 35.7% – What’s Next?

Barksdale Resources Corp. (CVE:BROGet Free Report)’s stock price traded up 35.7% during mid-day trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. 249,500 shares were traded during mid-day trading, an increase of 72% from the average session volume of 145,460 shares. The stock had previously closed at C$0.07.

Barksdale Resources Stock Down 5.3%

The stock’s 50 day moving average is C$0.08 and its 200 day moving average is C$0.12. The firm has a market cap of C$11.81 million, a price-to-earnings ratio of -2.74 and a beta of 0.41. 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

(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.

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