Barksdale Resources Shares Surge 29%

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Shares of Barksdale Resources Corp. (CVE:BRO) rose 29% on Wednesday, trading as high as C$0.20 per share. The increase in stock price was accompanied by a 12% jump in trading volume compared to the company's average daily volume. Barksdale Resources is a mineral exploration company focused on copper, zinc, lead, silver, and gold properties in the United States and Mexico, with its primary asset being the Sunnyside property in southern Arizona.

Why it matters

The sharp rise in Barksdale Resources' stock price and trading volume suggests increased investor interest and confidence in the company's exploration and development activities. As a junior mining firm, Barksdale's performance is closely watched by the market as an indicator of sentiment around the broader metals and mining sector.

The details

Barksdale Resources saw its shares trade as high as C$0.20 on Wednesday before closing at C$0.20, representing a 29% increase from the previous day's close of C$0.16. Trading volume also spiked, with approximately 486,900 shares changing hands, up 12% from the company's average daily volume of 434,111 shares. The company has a debt-to-equity ratio of 6.17, a quick ratio of 1.56, and a current ratio of 1.57, indicating a relatively strong financial position.

• Barksdale Resources' shares rose 29% on Wednesday, February 12, 2026.