Bayhorse Silver (CVE:BHS) Trading Down 21.4% – Here’s What Happened

by · The Markets Daily

Bayhorse Silver Inc. (CVE:BHS – Get Free Report)’s stock price dropped 21.4% during mid-day trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 608,828 shares traded hands during 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 Performance

The stock has a 50 day simple moving average of C$0.06 and a 200 day simple moving average of C$0.05. The stock has a market cap of C$15.55 million, a P/E ratio of -5.50 and a beta of 2.47. The company has a current ratio of 0.59, a quick ratio of 0.16 and a debt-to-equity ratio of 503.12.

Insider Buying and Selling

In other Bayhorse Silver news, Senior Officer Graeme O’neill sold 2,000,000 shares of the business’s stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of C$0.04, for a total transaction of C$80,000.00. 4.74% of the stock is owned by company insiders.

About Bayhorse Silver

(Get Free Report)

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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