Bayhorse Silver Inc. (CVE:BHS – Get Free Report) dropped 18.2% during trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 2,240,825 shares changed hands during mid-day trading, an increase of 699% from the average daily volume of 280,492 shares. The stock had previously closed at C$0.06.
Bayhorse Silver Stock Performance
The stock has a 50 day moving average of C$0.06 and a 200 day 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. The firm has a market cap of C$12.73 million, a price-to-earnings ratio of -4.50 and a beta of 2.47.
Insider Activity
In related news, Senior Officer Graeme O’neill sold 1,300,000 shares of the firm’s stock in a transaction dated Monday, January 6th. The stock was 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.
About Bayhorse Silver
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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