Bayhorse Silver (CVE:BHS) Stock Price Down 2.9% – Here’s What Happened

Shares of Bayhorse Silver Inc. (CVE:BHS) traded down 2.9% during mid-day trading on Monday . The company traded as low as C$0.10 and last traded at C$0.10. 1,103,589 shares traded hands during mid-day trading, an increase of 37% from the average session volume of 806,572 shares. The stock had previously closed at C$0.10.

Bayhorse Silver Stock Performance

The firm has a market capitalization of C$32.86 million, a price-to-earnings ratio of -9.50 and a beta of 2.09. The firm’s 50-day moving average price is C$0.11 and its two-hundred day moving average price is C$0.07. The company has a debt-to-equity ratio of 503.12, a quick ratio of 0.16 and a current ratio of 0.59.

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.