Bayhorse Silver (CVE:BHS) Hits New 1-Year Low – Here’s What Happened

Bayhorse Silver Inc. (CVE:BHS) shares hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 56,593 shares trading hands. The stock had previously closed at C$0.04.

Bayhorse Silver Price Performance

The company has a market capitalization of C$16.71 million, a PE ratio of -1.33 and a beta of 2.93. 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 company’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.07.

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. 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.