Bayhorse Silver (CVE:BHS) Shares Down 18.2% – Should You Sell?

Bayhorse Silver Inc. (CVE:BHSGet Free Report) fell 18.2% on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05. 2,045,825 shares traded 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 Price Performance

The firm has a market capitalization of C$12.73 million, a P/E ratio of -4.50 and a beta of 2.47. 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 business has a 50 day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.05.

Insider Transactions at Bayhorse Silver

In related news, Senior Officer Graeme O’neill sold 1,300,000 shares of the company’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of C$0.08, for a total value of C$104,000.00. 4.74% of the stock is owned by 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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