Bayhorse Silver (CVE:BHS) Trading Up 41.7% – Time to Buy?

Bayhorse Silver Inc. (CVE:BHS) was up 41.7% on Friday . The stock traded as high as C$0.09 and last traded at C$0.09. Approximately 1,601,736 shares changed hands during mid-day trading, an increase of 367% from the average daily volume of 343,063 shares. The stock had previously closed at C$0.06.

Bayhorse Silver Trading Up 33.3 %

The firm has a market cap of C$22.62 million, a price-to-earnings ratio of -8.00 and a beta of 2.47. The company has a debt-to-equity ratio of 503.12, a current ratio of 0.59 and a quick ratio of 0.16. The business has a 50-day moving average of C$0.05 and a 200-day moving average of C$0.05.

Insider Transactions at Bayhorse Silver

In other news, Senior Officer Graeme O’neill sold 650,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of C$0.04, for a total value of C$26,000.00. Company insiders own 4.74% of the company’s stock.

About Bayhorse Silver

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.