Bayhorse Silver (CVE:BHS) Shares Down 18.2% – Time to Sell?

Bayhorse Silver Inc. (CVE:BHSGet Free Report)’s share price traded down 18.2% on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. 2,239,825 shares traded hands during trading, an increase of 701% from the average session volume of 279,598 shares. The stock had previously closed at C$0.06.

Bayhorse Silver Price Performance

The stock has a market cap of C$11.31 million, a PE ratio of -4.00 and a beta of 2.47. The business has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.05. The company has a current ratio of 0.59, a quick ratio of 0.16 and a debt-to-equity ratio of 503.12.

Insiders Place Their Bets

In other news, Senior Officer Graeme O’neill sold 3,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of C$0.05, for a total value of C$150,000.00. Over the last 90 days, insiders sold 4,350,000 shares of company stock worth $256,750. 4.74% of the stock is owned by corporate 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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