Barksdale Resources (CVE:BRO) Insider Purchases C$436,451.60 in Stock

Barksdale Resources Corp. (CVE:BRO) insider Medalist Capital Ltd. purchased 839,330 shares of Barksdale Resources stock in a transaction that occurred on Thursday, May 21st. The shares were bought at an average cost of C$0.52 per share, for a total transaction of C$436,451.60. Following the transaction, the insider directly owned 27,932,500 shares of the company’s stock, valued at C$14,524,900. This represents a 3.10% increase in their ownership of the stock.

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

• On Wednesday, May 13th, Medalist Capital Ltd. sold 1,000,000 shares of Barksdale Resources stock. The stock was sold at an average price of C$0.46, for a total value of C$460,000.00.
• On Friday, May 15th, Medalist Capital Ltd. purchased 3,545,000 shares of Barksdale Resources stock. The shares were bought at an average cost of C$0.45 per share, for a total transaction of C$1,595,250.00.

Barksdale Resources Trading Down 2.9%

Shares of CVE:BRO opened at C$0.50 on Thursday. The company has a market capitalization of C$102.02 million, a P/E ratio of -16.50 and a beta of -1.50. Barksdale Resources Corp. has a 1 year low of C$0.06 and a 1 year high of C$0.55. The company has a debt-to-equity ratio of 16.39, a current ratio of 0.64 and a quick ratio of 1.56. The business’s 50 day simple moving average is C$0.29 and its 200 day simple moving average is C$0.18.

Barksdale Resources Company Profile

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.