Barksdale Resources (CVE:BRO) Shares Down 3.3% – Here’s What Happened

Barksdale Resources Corp. (CVE:BRO)’s share price fell 3.3% during mid-day trading on Wednesday . The company traded as low as C$0.15 and last traded at C$0.15. 363,000 shares changed hands during trading, an increase of 367% from the average session volume of 77,788 shares. The stock had previously closed at C$0.15.

Barksdale Resources Trading Down 3.3 %

The firm’s 50-day simple moving average is C$0.15 and its 200 day simple moving average is C$0.16. The stock has a market cap of C$19.37 million, a P/E ratio of -2.42 and a beta of 0.41. The company has a current ratio of 1.81, a quick ratio of 1.56 and a debt-to-equity ratio of 6.26.

Barksdale Resources (CVE:BRO) last issued its quarterly earnings data on Monday, July 29th. The company reported C($0.02) earnings per share (EPS) for the quarter. As a group, equities research analysts anticipate that Barksdale Resources Corp. will post -0.02 earnings per share for the current year.

Barksdale Resources Company Profile

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.