Shares of Bayhorse Silver Inc. (CVE:BHS – Get Free Report) shot up 20% during trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 307,500 shares changed hands during trading, a decline of 43% from the average session volume of 543,821 shares. The stock had previously closed at C$0.05.
Bayhorse Silver Stock Performance
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 stock has a market capitalization of C$25.06 million, a P/E ratio of -3.00 and a beta of 2.35. The company has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.07.
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.
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