Barksdale Resources (CVE:BRO) Trading Up 35.7% – Time to Buy?

Barksdale Resources Corp. (CVE:BROGet Free Report) was up 35.7% on Monday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 249,500 shares were traded during trading, an increase of 72% from the average daily volume of 145,460 shares. The stock had previously closed at C$0.07.

Barksdale Resources Trading Up 35.7%

The company has a market cap of C$12.47 million, a price-to-earnings ratio of -2.89 and a beta of 0.41. The company’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.12. 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

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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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