Bayhorse Silver (CVE:BHS) Trading 44.4% Higher – Still a Buy?

by · The Cerbat Gem

Bayhorse Silver Inc. (CVE:BHS – Get Free Report) shares were up 44.4% during trading on Saturday . The company traded as high as C$0.14 and last traded at C$0.13. Approximately 3,127,121 shares changed hands during mid-day trading, an increase of 720% from the average daily volume of 381,158 shares. The stock had previously closed at C$0.09.

Bayhorse Silver Price Performance

The firm has a 50 day moving average price of C$0.07 and a 200 day moving average price of C$0.05. 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 has a market cap of C$44.96 million, a P/E ratio of -13.00 and a beta of 2.15.

About Bayhorse Silver

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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.

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