Bayhorse Silver (CVE:BHS) Trading Up 44.4% – Here’s What Happened

Bayhorse Silver Inc. (CVE:BHS)’s share price shot up 44.4% on Saturday . The stock traded as high as C$0.14 and last traded at C$0.13. 3,127,121 shares changed hands during trading, an increase of 720% from the average session volume of 381,158 shares. The stock had previously closed at C$0.09.

Bayhorse Silver Price Performance

The business has a fifty day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.05. The company has a current ratio of 0.59, a quick ratio of 0.16 and a debt-to-equity ratio of 503.12. The stock has a market cap of C$44.96 million, a PE ratio of -13.00 and a beta of 2.15.

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.