Bayhorse Silver (CVE:BHS) Stock Price Up 20% – Here’s What Happened

Bayhorse Silver Inc. (CVE:BHSGet Free Report)’s stock price traded up 20% during trading on Friday . The stock traded as high as C$0.13 and last traded at C$0.12. 1,347,117 shares were traded during mid-day trading, an increase of 22% from the average session volume of 1,108,444 shares. The stock had previously closed at C$0.10.

Bayhorse Silver Stock Up 25.0%

The company has a 50-day moving average of C$0.11 and a two-hundred day moving average of C$0.07. 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 has a market capitalization of C$43.23 million, a PE ratio of -12.50 and a beta of 2.09.

Bayhorse Silver Company Profile

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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. 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.

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