Bayhorse Silver (CVE:BHS) Shares Down 21.4% – Should You Sell?

Bayhorse Silver Inc. (CVE:BHSGet Free Report)’s stock price dropped 21.4% on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 609,828 shares changed hands during trading, an increase of 114% from the average daily volume of 285,404 shares. The stock had previously closed at C$0.07.

Bayhorse Silver Price Performance

The company’s 50-day simple moving average is C$0.06 and its 200-day simple moving average is C$0.05. 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 company has a market capitalization of C$15.55 million, a PE ratio of -5.50 and a beta of 2.47.

Insider Activity at Bayhorse Silver

In related news, Senior Officer Graeme O’neill sold 2,000,000 shares of Bayhorse Silver stock in a transaction on Monday, October 21st. The shares were sold at an average price of C$0.04, for a total value of C$80,000.00. 4.74% of the stock is currently owned by insiders.

About Bayhorse Silver

(Get Free Report)

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.

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