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Barksdale Capital
(OTC:BRO)
Barksdale Capital (BRO) vs. iShares MSCI Canada ETF (EWC)
Barksdale Capital Business Overview & Revenue Model
Barksdale Capital Financial Statement Overview
| Breakdown | TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -26.88K | -26.88K | -26.88K | -31.68K | -38.70K | -24.94K |
| EBITDA | -3.78M | -4.22M | -2.44M | -1.75M | -2.19M | -1.98M |
| Net Income | -4.01M | -4.63M | -3.49M | -1.87M | -2.23M | -2.00M |
Balance Sheet | ||||||
| Total Assets | 26.08M | 24.33M | 22.39M | 16.65M | 15.45M | 9.74M |
| Cash, Cash Equivalents and Short-Term Investments | 46.29K | 1.71M | 5.91M | 2.95M | 5.71M | 2.62M |
| Total Debt | 1.44M | 1.47M | 1.59M | 1.80M | 161.90K | 77.34K |
| Total Liabilities | 1.94M | 3.11M | 1.79M | 2.41M | 538.08K | 343.32K |
| Stockholders Equity | 24.14M | 21.22M | 20.60M | 14.24M | 14.91M | 9.39M |
Cash Flow | ||||||
| Free Cash Flow | -8.85M | -7.53M | -4.63M | -5.23M | -2.93M | -2.52M |
| Operating Cash Flow | -1.19M | -1.36M | -1.73M | -1.49M | -1.50M | -1.20M |
| Investing Cash Flow | -6.42M | -6.44M | -2.90M | -3.01M | -1.43M | -1.47M |
| Financing Cash Flow | 5.94M | 3.60M | 7.59M | 1.75M | 6.02M | 1.90M |
Barksdale Capital Technical Analysis
Barksdale Capital Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.41B | 7.18 | -0.06% | 2.87% | 2.87% | -36.73% | |
48 Neutral | C$7.65M | ― | -8.37% | ― | ― | 46.43% | |
40 Underperform | C$25.55M | 31.00 | 120.18% | ― | ― | ― | |
37 Underperform | C$18.56M | ― | -110.70% | ― | ― | -3647.27% | |
33 Underperform | C$9.43M | ― | -11.74% | ― | ― | -14.20% | |
33 Underperform | $11.62M | ― | -18.13% | ― | ― | 30.45% | |
| ― | $13.82M | ― | -6.91% | ― | ― | ― |
Barksdale Capital Corporate Events
Barksdale Resources Corp. has successfully closed a private placement offering of secured convertible debentures worth CDN$3,000,000, with a maturity date set for December 31, 2027. Concurrently, the company extended the maturity date of its existing convertible debentures and associated warrants to the same date. The funds raised will be used to fulfill earn-in requirements and exploration expenditures to maintain and expand its interest in the Arizona Standard LLC joint venture. This financial maneuver, supported by Delbrook Capital Advisors, positions Barksdale to advance its exploration programs and potentially discover new deposits at the Sunnyside property.
Spark’s Take on TSE:BRO Stock
According to Spark, TipRanks’ AI Analyst, TSE:BRO is a Underperform.
Barksdale Capital’s overall stock score is primarily impacted by its poor financial performance, characterized by persistent losses and no revenue generation. The technical analysis indicates a bearish sentiment, with the stock trading below major moving averages. Valuation metrics further highlight ongoing challenges. However, positive corporate events provide some optimism, enhancing the company’s financial flexibility and exploration potential.
To see Spark’s full report on TSE:BRO stock, click here.
Barksdale Resources Corp. has announced a private placement of up to C$3 million in secured convertible debentures to fund the completion of drilling and earn-in requirements for a 51% stake in the Sunnyside Project in Southern Arizona. This strategic move, backed by Delbrook Capital Advisors Inc., aims to enhance Barksdale’s exploration capabilities, potentially impacting its market position by advancing its interests in significant mineralization targets. The company is also extending the maturity date of existing convertible debentures and warrants, aligning them with the new financial arrangements, which could provide additional flexibility and support for future exploration activities.
Spark’s Take on TSE:BRO Stock
According to Spark, TipRanks’ AI Analyst, TSE:BRO is a Underperform.
Barksdale Capital’s overall score is primarily impacted by its poor financial performance, with persistent losses and no revenue generation. The technical analysis further highlights a bearish sentiment, as the stock is trading below all major moving averages. Valuation metrics, such as a negative P/E ratio, reflect ongoing challenges. However, positive corporate events, including improved financial flexibility and a promising mineral discovery, provide some optimism for future potential, slightly enhancing the overall score.
To see Spark’s full report on TSE:BRO stock, click here.
Barksdale Resources Corp. has extended the maturity date of its convertible debentures by one year to December 31, 2025, and reduced the conversion price to $0.12 per common share. This move, accepted by the TSX Venture Exchange, involves a principal amount of $1,500,000 and issuance of 1,684,931 units to settle $151,644 of accrued interest. Additionally, an extension fee includes 8,000,000 share purchase warrants, exercisable until December 31, 2025. These efforts aim to manage financial obligations while maintaining stakeholder interest in the company’s ongoing projects.
Barksdale Resources Corp. announced a leadership transition with the resignation of CEO Rick Trotman, effective February 5, 2025. William Wulftange, a seasoned exploration geologist and current board member, has been appointed interim CEO. Wulftange, known for his successful track record in mine discovery and development, will focus on completing the earn-in phase of the Sunnyside Project. This transition is seen as a pivotal step in positioning Barksdale for sustained growth, as the board continues to search for a permanent CEO.