Bayhorse Silver (CVE:BHS) Shares Down 16.7% – Should You Sell?

Bayhorse Silver Inc. (CVE:BHS) shares traded down 16.7% during mid-day trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05. 424,745 shares were traded during trading, an increase of 74% from the average session volume of 243,438 shares. The stock had previously closed at C$0.06.

Bayhorse Silver Stock Down 8.3 %

The company has a quick ratio of 0.16, a current ratio of 0.59 and a debt-to-equity ratio of 503.12. The firm has a market cap of C$15.55 million, a PE ratio of -5.50 and a beta of 2.47. The firm’s 50 day moving average is C$0.06 and its 200-day moving average is C$0.05.

Insiders Place Their Bets

In other Bayhorse Silver news, Senior Officer Graeme O’neill sold 1,300,000 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of C$0.08, for a total transaction 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.