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

Key Points

  • Medalist Capital Ltd. bought 839,330 shares of Barksdale Resources at C$0.52 each on May 21, totaling C$436,451.60, and raised its stake by 3.10% to 27,932,500 shares.
  • The insider had also recently sold 1,000,000 shares on May 13 at C$0.46 and bought 3,545,000 shares on May 15 at C$0.45, showing active trading around the same period.
  • Barksdale Resources stock opened at C$0.53 and has traded between a 12-month low of C$0.06 and high of C$0.55, while the company focuses on mineral exploration projects in the U.S. and Mexico.

Barksdale Resources Corp. (CVE:BRO - Get Free Report) insider Medalist Capital Ltd. acquired 839,330 shares of the business's stock in a transaction that occurred on Thursday, May 21st. The shares were purchased at an average cost of C$0.52 per share, for a total transaction of C$436,451.60. Following the acquisition, the insider owned 27,932,500 shares in the company, 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. bought 3,545,000 shares of Barksdale Resources stock. The stock was purchased at an average cost of C$0.45 per share, with a total value of C$1,595,250.00.

Barksdale Resources Price Performance

Barksdale Resources stock opened at C$0.53 on Tuesday. The stock has a 50-day moving average price of C$0.27 and a two-hundred day moving average price of C$0.17. Barksdale Resources Corp. has a 12 month low of C$0.06 and a 12 month high of C$0.55. The company has a market capitalization of C$109.23 million, a PE ratio of -17.67 and a beta of -1.50. The company has a current ratio of 0.64, a quick ratio of 1.56 and a debt-to-equity ratio of 16.39.

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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