Barksdale Resources (CVE:BRO) Insider Medalist Capital Ltd. Purchases 839,330 Shares

Barksdale Resources Corp. (CVE:BRO) insider Medalist Capital Ltd. bought 839,330 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were purchased at an average price of C$0.52 per share, with a total value of C$436,451.60. Following the completion of the acquisition, the insider directly owned 27,932,500 shares in the company, valued at C$14,524,900. This trade 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 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. bought 3,545,000 shares of Barksdale Resources stock. The shares were purchased at an average price of C$0.45 per share, with a total value of C$1,595,250.00.

Barksdale Resources Trading Up 2.0%

Barksdale Resources stock traded up C$0.01 during midday trading on Monday, reaching C$0.52. 676,250 shares of the stock traded hands, compared to its average volume of 482,591. The company has a 50-day simple moving average of C$0.26 and a two-hundred day simple moving average 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 firm has a market cap of C$107.17 million, a PE ratio of -17.33 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

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.