Bayhorse Silver (CVE:BHS) Shares Down 18.2% – What’s Next?

Bayhorse Silver Inc. (CVE:BHS)’s share price traded down 18.2% during mid-day trading 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 mid-day 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 Trading Down 11.1 %

The firm’s 50 day moving average price is C$0.06 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. The stock has a market cap of C$11.31 million, a P/E ratio of -4.00 and a beta of 2.47.

Insider Activity at Bayhorse Silver

In other news, Senior Officer Graeme O’neill sold 3,000,000 shares of the firm’s stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of C$0.05, for a total transaction of C$150,000.00. In the last three months, insiders have sold 4,350,000 shares of company stock valued at $256,750. 4.74% of the stock is owned by corporate 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.