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

Key Points

  • Insider sale: Director Graeme O'Neill sold 250,000 shares on December 23 at an average price of C$0.13, generating C$32,500.
  • After the transaction O'Neill directly owned 12,045,200 shares, a 2.03% decrease in his stake, valued at about C$1.57 million.
  • Bayhorse Silver is a junior minerals explorer (100% Bayhorse mine; option on the Brandywine project); its stock is volatile—up 20% recently, trading in a 1‑year range of C$0.04–C$0.16—with a market cap of C$41.5M and a high debt‑to‑equity ratio of 503.12.

Bayhorse Silver Inc. (CVE:BHS - Get Free Report) insider Graeme O'neill sold 250,000 shares of Bayhorse Silver stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of C$0.13, for a total transaction of C$32,500.00. Following the completion of the transaction, the insider directly owned 12,045,200 shares in the company, valued at C$1,565,876. The trade was a 2.03% decrease in their ownership of the stock.

Bayhorse Silver Stock Up 20.0%

Shares of CVE:BHS opened at C$0.12 on Friday. Bayhorse Silver Inc. has a 1-year low of C$0.04 and a 1-year high of C$0.16. 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 cap of C$41.51 million, a P/E ratio of -12.00 and a beta of 2.09. The firm has a fifty day moving average price of C$0.11 and a 200 day moving average price of C$0.07.

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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