Key Points
- Medalist Capital Ltd. bought 3,545,000 Barksdale Resources shares on May 15 at C$0.45 each, a transaction worth about C$1.6 million. The purchase increased its stake by 15.05% to 27,093,170 shares.
- The insider also sold 1,000,000 shares on May 13 at an average price of C$0.46, showing recent trading activity on both sides.
- Barksdale Resources’ stock traded at C$0.53, near its 52-week high of C$0.54, while the company reported a market cap of C$109.23 million and operates mineral exploration projects in Arizona and Mexico.
Barksdale Resources Corp. (CVE:BRO - Get Free Report) insider Medalist Capital Ltd. sold 1,000,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of C$0.46, for a total value of C$460,000.00. Following the completion of the sale, the insider directly owned 23,548,170 shares of the company's stock, valued at approximately C$10,832,158.20. This represents a 4.07% decrease in their ownership of the stock.
Medalist Capital Ltd. also recently made the following trade(s):
- On Friday, May 15th, Medalist Capital Ltd. bought 3,545,000 shares of Barksdale Resources stock. The stock was purchased at an average cost of C$0.45 per share, for a total transaction of C$1,595,250.00.
Barksdale Resources Stock Performance
Shares of BRO stock opened at C$0.53 on Thursday. The company has a debt-to-equity ratio of 16.39, a current ratio of 0.64 and a quick ratio of 1.56. Barksdale Resources Corp. has a fifty-two week low of C$0.06 and a fifty-two week high of C$0.54. The stock's 50-day moving average is C$0.25 and its two-hundred day moving average is C$0.16. The firm has a market cap of C$109.23 million, a P/E ratio of -17.67 and a beta of -1.50.
Barksdale Resources Company Profile
(
Get Free Report)
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.
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