Barksdale Resources (CVE:BRO) Upgraded at ATB Cormark Capital Markets

Posted by on Oct 3rd, 2026

ATB Cormark Capital Markets upgraded shares of Barksdale Resources (CVE:BRO – Free Report) from a sector perform rating to a speculative buy rating in a research note issued to investors on Wednesday morning,BayStreet reports. ATB Cormark Capital Markets currently has C$0.30 price target on the stock, up from their prior price target of C$0.25.

Barksdale Resources Trading Up 13.8%

Shares of BRO opened at C$0.33 on Wednesday. The stock’s fifty day simple moving average is C$0.20 and its 200-day simple moving average is C$0.27. The firm has a market capitalization of C$77.51 million, a PE ratio of -33.00 and a beta of -0.88. Barksdale Resources has a 12-month low of C$0.07 and a 12-month high of C$0.55. The company has a quick ratio of 1.56, a current ratio of 6.63 and a debt-to-equity ratio of 10.23.

Barksdale Resources Company Profile

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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. It also holds interest in the San Antonio, the Four Metals, the Canelo, and the Goat Canyon projects located in Santa Cruz County, Arizona; and the San Javier property located in central Sonora, Mexico.

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