Bayhorse Silver (CVE:BHS) Stock Price Up 20% – Here’s What Happened

Shares of Bayhorse Silver Inc. (CVE:BHS) traded up 20% during mid-day trading on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. 225,395 shares traded hands during mid-day trading, a decline of 13% from the average session volume of 260,299 shares. The stock had previously closed at C$0.05.

Bayhorse Silver Price Performance

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

Insider Activity

In related news, Senior Officer Graeme O’neill sold 1,300,000 shares of Bayhorse Silver 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. Insiders own 4.74% of the company’s stock.

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.