Bayhorse Silver (CVE:BHS) Trading 22.2% Higher – Here’s What Happened

Bayhorse Silver Inc. (CVE:BHS) shares were up 22.2% during mid-day trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 668,222 shares traded hands during mid-day trading, an increase of 187% from the average daily volume of 232,999 shares. The stock had previously closed at C$0.05.

Bayhorse Silver Stock Up 22.2 %

The firm has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.05. The stock has a market capitalization of C$15.55 million, a P/E ratio of -5.50 and a beta of 2.47. The company has a debt-to-equity ratio of 503.12, a current ratio of 0.59 and a quick ratio of 0.16.

Insider Activity

In other Bayhorse Silver news, Senior Officer Graeme O’neill sold 1,300,000 shares of the company’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of C$0.08, for a total value of C$104,000.00. 4.74% of the stock is currently 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.