Bayhorse Silver (CVE:BHS) Hits New 52-Week Low – Should You Sell?

Bayhorse Silver Inc. (CVE:BHS)’s stock price reached a new 52-week low during trading on Wednesday. The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 56,593 shares trading hands. The stock had previously closed at C$0.04.

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 company has a market capitalization of C$16.71 million, a price-to-earnings ratio of -1.33 and a beta of 2.93. The stock has a 50 day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.07.

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.