Bayhorse Silver (CVE:BHS) Stock Price Up 16.7% – Here’s What Happened

Bayhorse Silver Inc. (CVE:BHS)’s stock price rose 16.7% during trading on Friday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 317,500 shares were traded during mid-day trading, a decline of 6% from the average daily volume of 339,096 shares. The stock had previously closed at C$0.06.

Bayhorse Silver Trading Up 33.3 %

The firm has a 50 day moving average of C$0.05 and a 200 day moving average of C$0.05. The firm has a market cap of C$22.62 million, a PE ratio of -8.00 and a beta of 2.47. The company has a quick ratio of 0.16, a current ratio of 0.59 and a debt-to-equity ratio of 503.12.

Insider Activity

In related news, Senior Officer Graeme O’neill sold 650,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of C$0.04, for a total transaction of C$26,000.00. 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.