Shares of Bayhorse Silver Inc. (CVE:BHS – Get Free Report) reached a new 52-week low during mid-day trading on Friday. The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 40,588 shares trading hands. The stock had previously closed at C$0.05.
Bayhorse Silver Stock Down 10.0%
The firm has a 50-day moving average price of C$0.06 and a two-hundred day moving average price of C$0.07. The company has a market capitalization of C$18.79 million, a P/E ratio of -1.50 and a beta of 2.37. The company has a quick ratio of 0.16, a current ratio of 0.59 and a debt-to-equity ratio of 503.12.
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. It also entered into an option agreement to acquire an 80% interest in the Brandywine project located in British Colombia. The company was formerly known as Kent Exploration Inc and changed its name to Bayhorse Silver Inc in December 2013.
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