Barksdale Resources (CVE:BRO) Insider Medalist Capital Ltd. Purchases 839,330 Shares

Barksdale Resources Corp. (CVE:BRO) insider Medalist Capital Ltd. acquired 839,330 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was bought at an average price of C$0.52 per share, with a total value of C$436,451.60. Following the purchase, the insider directly owned 27,932,500 shares in the company, valued at approximately C$14,524,900. This trade represents a 3.10% increase in their position.

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 shares were 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. acquired 3,545,000 shares of Barksdale Resources stock. The stock was bought at an average price of C$0.45 per share, with a total value of C$1,595,250.00.

Barksdale Resources Stock Up 2.0%

Shares of BRO traded up C$0.01 during midday trading on Monday, hitting C$0.52. The company had a trading volume of 676,250 shares, compared to its average volume of 482,591. The company’s 50-day simple moving average is C$0.26 and its 200-day simple moving average is C$0.17. 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 firm has a market capitalization of C$107.17 million, a P/E ratio of -17.33 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.

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.