Bayhorse Silver (CVE:BHS) Shares Up 28.6%

Bayhorse Silver Inc. (CVE:BHS – Get Rating) shot up 28.6% during mid-day trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. 189,000 shares were traded during trading, an increase of 148% from the average session volume of 76,242 shares. The stock had previously closed at C$0.04.

Bayhorse Silver Trading Up 28.6 %

The firm’s 50-day simple moving average is C$0.04 and its 200-day simple moving average is C$0.04. The company has a quick ratio of 0.16, a current ratio of 0.62 and a debt-to-equity ratio of 34.30. The firm has a market capitalization of C$11.16 million and a PE ratio of -1.30.

Insider Buying and Selling at Bayhorse Silver

In other news, Senior Officer Graeme O’neill sold 2,000,000 shares of the business’s stock in a transaction on Wednesday, December 14th. The stock was sold at an average price of C$0.04, for a total value of C$80,000.00. Following the completion of the transaction, the insider now owns 3,871,075 shares in the company, valued at C$154,843.

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.