Bayhorse Silver (CVE:BHS) Shares Down 11.1% – What’s Next?

Bayhorse Silver Inc. (CVE:BHS)’s stock price traded down 11.1% during trading on Friday . The stock traded as low as C$0.04 and last traded at C$0.04. 300,000 shares were traded during mid-day trading, a decline of 6% from the average session volume of 320,146 shares. The stock had previously closed at C$0.05.

Bayhorse Silver Price Performance

The business has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.05. 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 stock has a market cap of C$11.31 million, a PE ratio of -4.00 and a beta of 2.47.

Insider Buying and Selling at Bayhorse Silver

In other news, Senior Officer Graeme O’neill sold 3,000,000 shares of the business’s stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of C$0.05, for a total value of C$150,000.00. In the last three months, insiders have acquired 245,000 shares of company stock valued at $11,150 and have sold 3,350,000 shares valued at $173,750. 4.74% of the stock is currently 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.