Bayhorse Silver (CVE:BHS) Shares Up 23.1%

Bayhorse Silver Inc. (CVE:BHS) was up 23.1% during mid-day trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 1,022,900 shares were traded during mid-day trading, an increase of 231% from the average daily volume of 308,592 shares. The stock had previously closed at C$0.07.

Bayhorse Silver Price Performance

The company’s 50 day moving average is C$0.08 and its 200 day moving average is C$0.07. The stock has a market capitalization of C$20.87 million, a price-to-earnings ratio of -7.50 and a beta of 2.73. The company has a current ratio of 0.73, a quick ratio of 0.16 and a debt-to-equity ratio of 89.49.

Insider Buying and Selling at Bayhorse Silver

In other Bayhorse Silver news, Senior Officer Graeme O’neill sold 400,000 shares of the stock in a transaction that occurred on Thursday, June 27th. The shares were sold at an average price of C$0.08, for a total transaction of C$32,000.00. Over the last 90 days, insiders have sold 936,000 shares of company stock valued at $78,200. Insiders own 7.22% of the company’s stock.

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.