Barksdale Resources (CVE:BRO) Trading Down 6.3% – Here’s Why

Posted by Stanley Muller on Aug 19th, 2026

Barksdale Resources Corp. (CVE:BRO – Get Free Report)’s share price was down 6.3% during trading on Monday . The stock traded as low as C$0.14 and last traded at C$0.15. 347,683 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 398,038 shares. The stock had previously closed at C$0.16.

Analyst Upgrades and Downgrades

Separately, ATB Cormark Capital Markets upgraded shares of Barksdale Resources from a “hold” rating to a “moderate buy” rating and dropped their target price for the company from C$0.40 to C$0.25 in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Barksdale Resources presently has an average rating of “Moderate Buy” and an average target price of C$0.25.

Get Our Latest Stock Report on BRO

Barksdale Resources Price Performance

The company has a debt-to-equity ratio of 9.74, a quick ratio of 1.56 and a current ratio of 7.29. The company has a 50-day moving average of C$0.27 and a 200-day moving average of C$0.26. The stock has a market capitalization of C$31.05 million, a price-to-earnings ratio of -6.75 and a beta of -0.88.

Insiders Place Their Bets

In related news, insider Medalist Capital Ltd. purchased 839,330 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was bought at an average cost 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. The trade was a 3.10% increase in their position. Insiders own 2.44% of the company’s stock.

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.