Bayhorse Silver (CVE:BHS) Trading 28.6% Higher – What’s Next?

Bayhorse Silver Inc. (CVE:BHS) rose 28.6% during trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 473,000 shares changed hands during trading, an increase of 50% from the average daily volume of 315,064 shares. The stock had previously closed at C$0.04.

Bayhorse Silver Price Performance

The business has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.06. The company has a debt-to-equity ratio of 503.12, a quick ratio of 0.16 and a current ratio of 0.59. The firm has a market capitalization of C$14.14 million, a price-to-earnings ratio of -5.00 and a beta of 2.47.

Insider Buying and Selling at Bayhorse Silver

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