Bayhorse Silver (CVE:BHS) Shares Down 17.6% – Here’s What Happened

by · The Markets Daily

Bayhorse Silver Inc. (CVE:BHSGet Free Report)’s stock price was down 17.6% during trading on Friday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 2,647,996 shares changed hands during trading, an increase of 240% from the average daily volume of 779,655 shares. The stock had previously closed at C$0.13.

Bayhorse Silver Trading Down 17.6%

The stock has a market cap of C$35.63 million, a PE ratio of -10.30 and a beta of 2.09. The company has a debt-to-equity ratio of 503.12, a quick ratio of 0.16 and a current ratio of 0.59. The company has a 50 day moving average of C$0.11 and a two-hundred day moving average of C$0.07.

Bayhorse Silver Company Profile

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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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