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Bayhorse Silver shares plummeted 17.6% to C$0.10 amid high trading volume and financial concerns.
Bayhorse Silver (CVE:BHS) shares dropped 17.6% on Friday, closing at C$0.10 after reaching a low of C$0.10, with trading volume surging to 2.65 million shares—240% above average.
The company, a junior natural resource firm focused on silver, gold, and other metals, owns the Bayhorse Silver Mine in Oregon and has an option to acquire an 80% stake in a British Columbia project.
Financial metrics show high leverage, with a debt-to-equity ratio of 503.12, a negative P/E ratio, and liquidity concerns.
The cause of the decline was not specified.
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Las acciones de Bayhorse Silver se desplomaron un 17,6% a C$0,10 en medio de un alto volumen de operaciones y preocupaciones financieras.