Bayhorse Silver (CVE:BHS) Stock Price Down 18.2% – Here’s What Happened

Bayhorse Silver Inc. (CVE:BHS) shares fell 18.2% during mid-day trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. 1,893,500 shares changed hands during trading, an increase of 617% from the average session volume of 263,943 shares. The stock had previously closed at C$0.06.

Bayhorse Silver Stock Down 18.2 %

The firm has a market capitalization of C$12.73 million, a PE ratio of -4.50 and a beta of 2.47. The company has a current ratio of 0.59, a quick ratio of 0.16 and a debt-to-equity ratio of 503.12. The stock 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 1,300,000 shares of the firm’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

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.