Bayhorse Silver (CVE:BHS) Reaches New 1-Year Low – Should You Sell?

Shares of Bayhorse Silver Inc. (CVE:BHS) hit a new 52-week low during mid-day trading on Friday. The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 40,588 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 quick ratio of 0.16 and a current ratio of 0.59. The stock has a market cap of C$18.79 million, a PE ratio of -1.50 and a beta of 2.37. The firm has a fifty day moving average price of C$0.06 and a 200 day moving average price 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.