Bayhorse Silver (CVE:BHS) Stock Price Down 14.3% – Here’s What Happened

Bayhorse Silver Inc. (CVE:BHSGet Free Report) traded down 14.3% during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06. 116,000 shares changed hands during trading, a decline of 78% from the average daily volume of 518,501 shares. The stock had previously closed at C$0.07.

Bayhorse Silver Price Performance

The stock has a market capitalization of C$25.06 million, a P/E ratio of -2.00 and a beta of 2.35. The company’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.07. The company has a debt-to-equity ratio of 503.12, a current ratio of 0.59 and a quick ratio of 0.16.

Bayhorse Silver Company Profile

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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.

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