Bayhorse Silver (CVE:BHS) Stock Price Down 18.4% – Here’s What Happened
by Danessa Lincoln · The Markets DailyBayhorse Silver Inc. (CVE:BHS – Get Free Report) was down 18.4% 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 traded 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 Stock Down 17.6%
The business has a fifty day moving average price of C$0.11 and a two-hundred day moving average price of C$0.07. The company has a current ratio of 0.59, a quick ratio of 0.16 and a debt-to-equity ratio of 503.12. The company has a market cap of C$35.63 million, a price-to-earnings ratio of -10.30 and a beta of 2.09.
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. 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.