Insider Selling: Barksdale Resources (CVE:BRO) Insider Sells C$460,000.00 in Stock

Barksdale Resources Corp. (CVE:BRO) insider Medalist Capital Ltd. sold 1,000,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of C$0.46, for a total transaction of C$460,000.00. Following the completion of the sale, the insider owned 23,548,170 shares of the company’s stock, valued at approximately C$10,832,158.20. This trade represents a 4.07% decrease in their position.

Medalist Capital Ltd. also recently made the following trade(s):

• On Friday, May 15th, Medalist Capital Ltd. purchased 3,545,000 shares of Barksdale Resources stock. The stock was purchased at an average price of C$0.45 per share, with a total value of C$1,595,250.00.

Barksdale Resources Stock Down 3.8%

Shares of CVE:BRO opened at C$0.51 on Friday. The company has a debt-to-equity ratio of 16.39, a quick ratio of 1.56 and a current ratio of 0.64. The company has a market cap of C$105.11 million, a PE ratio of -17.00 and a beta of -1.50. Barksdale Resources Corp. has a 52 week low of C$0.06 and a 52 week high of C$0.55. The firm has a 50 day simple moving average of C$0.26 and a 200 day simple moving average of C$0.17.

About Barksdale Resources

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.