Shares of Barksdale Resources Corp. (CVE:BRO – Get Rating) traded down 1.5% on Friday . The stock traded as low as C$0.64 and last traded at C$0.64. 80,500 shares were traded during trading, an increase of 44% from the average session volume of 55,823 shares. The stock had previously closed at C$0.65.
Wall Street Analyst Weigh In
Separately, Cormark boosted their price target on Barksdale Resources from C$1.00 to C$1.25 in a report on Monday, January 30th.
Barksdale Resources Price Performance
The business has a 50-day moving average price of C$0.67 and a 200 day moving average price of C$0.68. The stock has a market cap of C$51.73 million, a PE ratio of -32.00 and a beta of 0.92. The company has a current ratio of 2.04, a quick ratio of 1.56 and a debt-to-equity ratio of 8.86.
About Barksdale Resources
Barksdale Resources Corp. focuses on acquiring and exploring precious and base metal projects in the United States and Mexico. It primarily explores for copper, zinc, lead, silver, and gold ores. The company's flagship 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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