Bayhorse Silver (BHS) AI Stock Analysis

• Market Cap: C$13.80M
• Dividend Yield: N/A
• Average Volume (3M): 444.39K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.40
• Revenue Growth: N/A
• EPS Growth: -150.85%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 52
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 306,634,280
• 10 Day Avg. Volume: 507,758
• 30 Day Avg. Volume: 444,394
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): 6.10
• P/FCF Ratio: 2.80
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Bayhorse Silver's overall stock score is significantly impacted by its poor financial performance, characterized by consistent losses and high leverage. The technical indicators suggest a potential bearish trend, and the negative P/E ratio reflects valuation concerns. These factors highlight the company's financial instability and limited growth prospects.

Bayhorse Silver Business Overview & Revenue Model

Company Description

Bayhorse Silver Inc. is a mineral exploration and development company based in Canada, primarily engaged in the exploration and production of silver and other precious metals. The company's flagship project is the Bayhorse Silver Mine located in Oregon, USA. Bayhorse Silver focuses on acquiring and developing historically high-grade silver properties and employs advanced mining techniques to enhance productivity and cost-efficiency.

How the Company Makes Money

Bayhorse Silver makes money through the extraction and sale of silver and other precious metals from its mining operations. The company's primary revenue stream is generated from selling the silver extracted from its Bayhorse Silver Mine. Additionally, Bayhorse may engage in partnerships or joint ventures with other mining companies to leverage expertise and share costs, thereby enhancing its profitability. The company also focuses on optimizing its mining operations to reduce costs and increase the yield of valuable minerals, which contributes to its overall earnings.

Bayhorse Silver Financial Statement Overview

Summary

Bayhorse Silver is facing severe financial difficulties, characterized by persistent losses, high leverage, and poor cash flow management. The absence of revenue and negative equity suggests a need for strategic restructuring to improve financial health and ensure sustainability.

Income Statement

Bayhorse Silver shows consistent losses with no revenue generation, resulting in negative margins across the board. The company has struggled to improve its profitability over the years as evident from the negative EBIT and net income. This poses a significant challenge in terms of financial stability and growth prospects.

Balance Sheet

The balance sheet indicates financial instability with negative stockholders' equity, implying a high degree of leverage. The company's liabilities exceed its assets, which could pose solvency risks. The negative equity ratio further emphasizes the financial risks involved.

Cash Flow

Cash flow statements reveal consistent negative free cash flow, indicating operational inefficiencies and potential liquidity issues. Despite obtaining financing, the company's operating cash flow remains negative, highlighting challenges in generating cash from its core operations.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-204.54K	-273.34K	-278.94K	-2.76M	-1.70M	-709.43K
	EBIT
-3.53M	-1.71M	-2.97M	-6.18M	-3.15M	-1.72M
	EBITDA
-2.15M	-968.74K	-2.19M	-3.96M	-2.16M	-1.11M
	Net Income Common Stockholders
-4.08M	-2.03M	-3.02M	-5.85M	-3.10M	-1.90M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
315.38K	482.57K	310.44K	432.06K	26.37K	68.65K
	Total Assets
2.46M	2.52M	2.52M	3.06M	1.96M	2.14M
	Total Debt
440.38K	443.07K	453.72K	836.75K	2.40M	2.78M
	Net Debt
125.00K	-39.49K	143.28K	404.69K	2.37M	2.71M
	Total Liabilities
2.00M	2.02M	1.26M	1.46M	3.77M	3.86M
	Stockholders Equity
453.32K	495.13K	1.26M	1.60M	-1.82M	-1.72M
Cash Flow		Free Cash Flow
-993.36K	-633.21K	-1.99M	-4.51M	-2.40M	-1.47M
	Operating Cash Flow
-993.36K	-633.21K	-1.92M	-3.83M	-2.11M	-1.37M
	Investing Cash Flow
6.81K	6.81K	-71.20K	-690.67K	-293.21K	-97.32K
	Financing Cash Flow
1.12M	798.52K	1.87M	4.93M	2.36M	1.50M

Bayhorse Silver Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BHS, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.06, and below the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.34 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:BHS.

Bayhorse Silver Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SVM	77 Outperform	$1.10B	10.18	11.68%	0.79%	31.23%	110.49%
SIL	76 Outperform	$2.18B	18.49	18.48%	―	25.05%	0.44%
MAG	54 Neutral	$2.02B	18.87	14.17%	―	―	61.66%
EDR	54 Neutral	$1.37B	―	-7.23%	―	6.18%	-515.57%
Sector *	47 Neutral	$2.44B	-2.84	-22.09%	3.51%	4.02%	-28.91%
USA	44 Neutral	$431.78M	―	-84.12%	―	12.93%	-5.87%
BHS	23 Underperform	C$13.80M	―	-4989.61%	―	―	-150.85%

Bayhorse Silver Corporate Events

Bayhorse Silver Advances Exploration with New Core Samples and Geophysical Surveys

Bayhorse Silver Inc. has submitted 115 meters of core samples for assay from its ongoing drilling program at the Bayhorse Silver Mine. These samples will be tested for 35 elements, including gold, to assess the mineralization potential of the site. In addition, the company plans to conduct downhole geophysical surveys to complement previous VTEM surveys, aiming to identify new drill targets and better understand the site’s mineralization. This initiative is expected to enhance the company’s exploration strategy and potentially expand its resource base, which could positively impact its market positioning and stakeholder interests.

Bayhorse Silver Targets Rich Anomaly Amid Antimony Demand

Bayhorse Silver Inc. is conducting underground diamond drilling at its Bayhorse Silver Mine in Oregon, targeting a significant low-resistivity anomaly rich in silver, copper, and antimony. The presence of antimony, especially following China’s export ban, is expected to boost prices due to its critical use in various industries.

Bayhorse Silver Raises $210,000 Through Private Placement

Bayhorse Silver Inc. successfully closed an oversubscribed private placement, raising $210,000 through the issuance of 5,250,000 units. The funds will be used primarily for drilling at the Bayhorse Silver Mine and advancing mine permitting. The issuance includes common shares and warrants, with a portion of the units subscribed by the company’s CFO.

Bayhorse Silver Targets Copper Anomaly at Oregon Mine

Bayhorse Silver Inc. has commenced drilling operations at its Bayhorse Silver Mine in Oregon to explore a significant low-resistivity anomaly beneath its silver and copper-rich site. The company is targeting a potential porphyry copper deposit by drilling into the anomaly, which has been identified with a substantial vertical and horizontal extent.