Barksdale Resources (CVE:BRO) Stock Price Down 7.7% – Should You Sell?

Barksdale Resources Corp. (CVE:BRO) dropped 7.7% during trading on Wednesday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 198,500 shares were traded during mid-day trading, an increase of 130% from the average daily volume of 86,234 shares. The stock had previously closed at C$0.13.

Barksdale Resources Trading Up 8.3 %

The company’s 50 day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.15. The company has a market cap of C$17.37 million, a PE ratio of -2.17 and a beta of 0.41. The company has a debt-to-equity ratio of 6.26, a current ratio of 1.81 and a quick ratio of 1.56.

Barksdale Resources (CVE:BRO) last posted its quarterly earnings data on Thursday, August 29th. The company reported C($0.01) earnings per share for the quarter. As a group, sell-side analysts anticipate that Barksdale Resources Corp. will post -0.02 EPS for the current fiscal 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.