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

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 shares were sold at an average price of C$0.46, for a total value of C$460,000.00. Following the sale, the insider directly 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 ownership of the stock.

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 cost of C$0.45 per share, with a total value of C$1,595,250.00.

Barksdale Resources Stock Up 1.9%

Shares of Barksdale Resources stock opened at C$0.53 on Thursday. The stock has a 50-day moving average price of C$0.25 and a 200 day moving average price of C$0.16. The company 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 current ratio of 0.64, a quick ratio of 1.56 and a debt-to-equity ratio of 16.39. Barksdale Resources Corp. has a 1 year low of C$0.06 and a 1 year high of C$0.54.

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.