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 shares were sold at an average price of C$0.46, for a total value of C$460,000.00. Following the completion of the transaction, the insider owned 23,548,170 shares of the company’s stock, valued at C$10,832,158.20. This trade 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. acquired 3,545,000 shares of Barksdale Resources stock. The stock was acquired at an average price of C$0.45 per share, with a total value of C$1,595,250.00.

Barksdale Resources Stock Performance

CVE:BRO remained flat at C$0.52 during trading on Wednesday. The company’s stock had a trading volume of 179,500 shares, compared to its average volume of 478,252. The company has a market capitalization of C$107.17 million, a price-to-earnings ratio of -17.33 and a beta of -1.50. 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 50 day simple moving average of C$0.24 and a 200 day simple moving average of C$0.16. Barksdale Resources Corp. has a 52-week low of C$0.06 and a 52-week 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.