Bayhorse Silver (CVE:BHS) Trading Down 5.9% – Should You Sell?

Bayhorse Silver Inc. (CVE:BHS) traded down 5.9% during mid-day trading on Monday . The company traded as low as C$0.08 and last traded at C$0.08. 198,960 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 633,607 shares. The stock had previously closed at C$0.09.

Bayhorse Silver Trading Down 11.8%

The company has a quick ratio of 0.16, a current ratio of 0.59 and a debt-to-equity ratio of 503.12. The stock’s 50 day moving average is C$0.10 and its two-hundred day moving average is C$0.09. The company has a market capitalization of C$25.94 million, a PE ratio of -7.50 and a beta of 1.90.

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. It also entered into an option agreement to acquire an 80% interest in the Brandywine project located in British Colombia. The company was formerly known as Kent Exploration Inc and changed its name to Bayhorse Silver Inc in December 2013.