Insider Selling: Bayhorse Silver (CVE:BHS) Insider Sells 250,000 Shares of Stock

Bayhorse Silver Inc. (CVE:BHS) insider Graeme O’neill sold 250,000 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of C$0.13, for a total value of C$32,500.00. Following the completion of the sale, the insider directly owned 12,045,200 shares of the company’s stock, valued at approximately C$1,565,876. This represents a 2.03% decrease in their position.

Bayhorse Silver Stock Performance

BHS traded up C$0.02 during trading on Friday, reaching C$0.12. 1,668,000 shares of the company’s stock were exchanged, compared to its average volume of 1,166,443. 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’s fifty day simple moving average is C$0.11 and its 200-day simple moving average is C$0.07. Bayhorse Silver Inc. has a 1 year low of C$0.04 and a 1 year high of C$0.16. The stock has a market capitalization of C$41.51 million, a P/E ratio of -12.00 and a beta of 2.09.

Bayhorse Silver Company Profile

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.