Bayhorse Silver (CVE:BHS) Shares Up 20% – Here’s What Happened
by Kim Johansen · The Markets DailyShares of Bayhorse Silver Inc. (CVE:BHS – Get Free Report) were up 20% during trading on Friday . The company traded as high as C$0.13 and last traded at C$0.12. Approximately 1,459,500 shares traded hands during trading, an increase of 27% from the average daily volume of 1,151,262 shares. The stock had previously closed at C$0.10.
Bayhorse Silver Price Performance
The firm’s 50-day moving average price is C$0.11 and its 200-day moving average price is 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 stock has a market capitalization of C$41.51 million, a PE ratio of -12.00 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.