Shares of Bayhorse Silver Inc. (CVE:BHS – Get Free Report) were down 21.4% on Wednesday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 608,828 shares changed hands during mid-day trading, an increase of 120% from the average daily volume of 276,304 shares. The stock had previously closed at C$0.07.
Bayhorse Silver Stock Down 21.4 %
The company has a market cap of C$15.55 million, a price-to-earnings ratio of -5.50 and a beta of 2.47. The business has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.05. The company has a quick ratio of 0.16, a current ratio of 0.59 and a debt-to-equity ratio of 503.12.
Insider Buying and Selling
In related news, Senior Officer Graeme O’neill sold 1,300,000 shares of Bayhorse Silver stock in a transaction on Monday, January 6th. The shares were sold at an average price of C$0.08, for a total value of C$104,000.00. Corporate insiders own 4.74% of the company’s stock.
Bayhorse Silver Company Profile
Bayhorse Silver Inc, a junior natural resource company, engages in the acquisition, exploration, and development of natural resource properties. It explores for silver, gold, zinc, copper, antimony, lead, and other metals. The company holds a 100% interest in the Bayhorse Silver Mine Property located in Baker County, Oregon.
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