Berkwood Resources (CVE:BKR) Trading Down 25%

Berkwood Resources Ltd (CVE:BKR)’s share price was down 25% during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03, approximately 451,080 shares were traded during mid-day trading. An increase of 274% from the average daily volume of 120,687 shares. The stock had previously closed at C$0.04.

The company has a market cap of $2.12 million and a price-to-earnings ratio of -0.77. The company’s 50 day moving average is C$0.05.

Berkwood Resources (CVE:BKR) last issued its quarterly earnings results on Monday, June 17th. The company reported C($0.01) earnings per share (EPS) for the quarter.

Berkwood Resources Company Profile (CVE:BKR)

Berkwood Resources Ltd. engages in the acquisition, exploration, and development of natural resource properties in Canada. The company holds 100% interests in the Cobalt Fold property, which include 40 claims covering an area of 2,176.19 hectares located in the Côte-Nord area of Quebec; and the Roscoe Vanadium project consisting 40 claims covering approximately 2,189.19 hectares located in Cote-Nord area, Quebec.

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