Bayhorse Silver (CVE:BHS) Shares Up 16.7% – Should You Buy?

Shares of Bayhorse Silver Inc. (CVE:BHS) traded up 16.7% during mid-day trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. 317,500 shares traded hands during mid-day trading, a decline of 6% from the average session volume of 339,096 shares. The stock had previously closed at C$0.06.

Bayhorse Silver Stock Up 16.7 %

The stock has a market cap of C$19.79 million, a price-to-earnings ratio of -7.00 and a beta of 2.47. The business’s 50 day moving average is C$0.05 and its 200-day moving average is C$0.05. The company has a debt-to-equity ratio of 503.12, a quick ratio of 0.16 and a current ratio of 0.59.

Insider Activity at Bayhorse Silver

In related news, Senior Officer Graeme O’neill sold 650,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of C$0.04, for a total transaction of C$26,000.00. 4.74% of the stock is owned by corporate insiders.

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.