Bayhorse Silver (CVE:BHS) Shares Up 25% – Should You Buy?

Bayhorse Silver Inc. (CVE:BHSGet Free Report)’s share price rose 25% on Friday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 1,322,117 shares traded hands during trading, an increase of 19% from the average daily volume of 1,107,725 shares. The stock had previously closed at C$0.10.

Bayhorse Silver Price Performance

The stock’s fifty day moving average is C$0.11 and its 200-day moving average is 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 stock has a market capitalization of C$43.23 million, a P/E ratio of -12.50 and a beta of 2.09.

About Bayhorse Silver

(Get Free Report)

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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