Bayhorse Silver (CVE:BHS) Shares Down 11.1% – Should You Sell?

Bayhorse Silver Inc. (CVE:BHS)’s share price dropped 11.1% during mid-day trading on Saturday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 300,000 shares traded hands during mid-day trading, a decline of 6% from the average daily volume of 320,146 shares. The stock had previously closed at C$0.05.

Bayhorse Silver Stock Performance

The firm has a market cap of C$11.31 million, a P/E ratio of -4.00 and a beta of 2.47. The stock’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.05. 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 Buying and Selling at Bayhorse Silver

In other Bayhorse Silver news, Senior Officer Graeme O’neill sold 3,000,000 shares of the stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of C$0.05, for a total transaction of C$150,000.00. Over the last ninety days, insiders have purchased 245,000 shares of company stock worth $11,150 and have sold 3,350,000 shares worth $173,750. Corporate insiders own 4.74% of the company’s stock.

Bayhorse Silver Company Profile

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.