Medalist Capital Ltd. Buys 839,330 Shares of Barksdale Resources (CVE:BRO) Stock

Barksdale Resources Corp. (CVE:BROGet Free Report) insider Medalist Capital Ltd. purchased 839,330 shares of the stock in a transaction on Thursday, May 21st. The shares were purchased at an average cost of C$0.52 per share, with a total value of C$436,451.60. Following the transaction, the insider owned 27,932,500 shares of the company’s stock, valued at 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. purchased 3,545,000 shares of Barksdale Resources stock. The shares were 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

BRO stock opened at C$0.51 on Wednesday. The stock has a 50-day moving average price of C$0.28 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 current ratio of 0.64, a quick ratio of 1.56 and a debt-to-equity ratio of 16.39. The company has a market cap of C$105.11 million, a PE ratio of -17.00 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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