Barksdale Resources (CVE:BRO) Stock Price Down 12% – Here’s What Happened

Barksdale Resources Corp. (CVE:BRO) shares were down 12% on Monday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 1,505 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 133,818 shares. The stock had previously closed at C$0.13.

Barksdale Resources Price Performance

The company has a fifty day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.10. The company has a market capitalization of C$14.44 million, a price-to-earnings ratio of -3.35 and a beta of 0.41. The company has a debt-to-equity ratio of 6.17, a quick ratio of 1.56 and a current ratio of 1.57.

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.