Barksdale Resources (CVE:BRO) Insider Buys C$1,595,250.00 in Stock

Barksdale Resources Corp. (CVE:BRO) insider Medalist Capital Ltd. purchased 3,545,000 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were purchased at an average price of C$0.45 per share, with a total value of C$1,595,250.00. Following the purchase, the insider directly owned 27,093,170 shares in the company, valued at C$12,191,926.50. This trade represents a 15.05% 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 stock was sold at an average price of C$0.46, for a total value of C$460,000.00.

Barksdale Resources Stock Down 3.8%

BRO stock 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 capitalization of C$105.11 million, a price-to-earnings ratio of -17.00 and a beta of -1.50. Barksdale Resources Corp. has a fifty-two week low of C$0.06 and a fifty-two week high of C$0.55. The stock has a fifty day moving average of C$0.26 and a 200-day 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.