Medalist Capital Ltd. Sells 1,000,000 Shares of Barksdale Resources (CVE:BRO) Stock

Barksdale Resources Corp. (CVE:BRO) insider Medalist Capital Ltd. sold 1,000,000 shares of the company’s stock in a transaction on 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 sale, the insider 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 position.

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 shares were bought at an average price 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 Friday. The business has a fifty day moving average of C$0.26 and a two-hundred day moving average of 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. The company has a quick ratio of 1.56, a current ratio of 0.64 and a debt-to-equity ratio of 16.39. Barksdale Resources Corp. has a twelve month low of C$0.06 and a twelve month high of C$0.54.

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.