Bayhorse Silver (CVE:BHS) Shares Down 14.3% – Time to Sell?

Shares of Bayhorse Silver Inc. (CVE:BHS) fell 14.3% during trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06. 354,828 shares changed hands during mid-day trading, an increase of 42% from the average session volume of 249,204 shares. The stock had previously closed at C$0.07.

Bayhorse Silver Trading Down 21.4 %

The company has a market capitalization of C$15.55 million, a price-to-earnings ratio of -5.50 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 business’s 50 day moving average price is C$0.06 and its two-hundred day moving average price is C$0.05.

Insider Buying and Selling at Bayhorse Silver

In other Bayhorse Silver news, Senior Officer Graeme O’neill sold 2,000,000 shares of the company’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of C$0.04, for a total value of C$80,000.00. 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.