Insider Selling: Barksdale Resources (CVE:BRO) Insider Sells 1,000,000 Shares of Stock

Barksdale Resources Corp. (CVE:BROGet Free Report) insider Medalist Capital Ltd. sold 1,000,000 shares of the 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 sale, the insider directly owned 23,548,170 shares of the company’s stock, valued at C$10,832,158.20. The trade was 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. purchased 3,545,000 shares of Barksdale Resources stock. The stock was bought at an average cost of C$0.45 per share, with a total value of C$1,595,250.00.

Barksdale Resources Price Performance

CVE BRO remained flat at C$0.52 on Wednesday. The company had a trading volume of 179,500 shares, compared to its average volume of 478,252. The stock has a market capitalization of C$107.17 million, a PE ratio of -17.33 and a beta of -1.50. The business has a 50-day moving average price of C$0.24 and a two-hundred day moving average price of C$0.16. Barksdale Resources Corp. has a twelve month low of C$0.06 and a twelve month high of C$0.54. The company has a quick ratio of 1.56, a current ratio of 0.64 and a debt-to-equity ratio of 16.39.

About Barksdale Resources

(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.

Further Reading

Receive News & Ratings for Barksdale Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barksdale Resources and related companies with MarketBeat.com's FREE daily email newsletter.