Bayhorse Silver (CVE:BHS) Shares Down 18.2% – What’s Next?

Bayhorse Silver Inc. (CVE:BHS)’s share price was down 18.2% during mid-day trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05. 2,045,825 shares changed hands during mid-day trading, an increase of 640% from the average session volume of 276,387 shares. The stock had previously closed at C$0.06.

Bayhorse Silver Stock Performance

The stock has a market cap of C$11.31 million, a price-to-earnings ratio of -4.00 and a beta of 2.47. The company has a quick ratio of 0.16, a current ratio of 0.59 and a debt-to-equity ratio of 503.12. The company has a 50 day simple moving average of C$0.06 and a 200 day simple moving average of C$0.05.

Insider Buying and Selling

In other Bayhorse Silver news, Senior Officer Graeme O’neill sold 3,000,000 shares of the company’s stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of C$0.05, for a total value of C$150,000.00. Insiders sold a total of 4,350,000 shares of company stock worth $256,750 in the last three months. 4.74% of the stock is owned by corporate insiders.

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.