Bayhorse Silver (BHS), the Materials sector company, was revisited by a Wall Street analyst today. Analyst Siddharth Rajeev from Fundamental Research reiterated a Buy rating, with a C$0.68 price target.
According to TipRanks.com, Rajeev is ranked 0 out of 5 stars with an average return of -8.5% and a 29.1% success rate. Rajeev covers the Basic Materials sector, focusing on stocks such as Golden Arrow Resources Corporation, NexGen Energy Ltd, and Vista Gold Corp.
Bayhorse Silver has an analyst consensus of Moderate Buy.
Based on Bayhorse Silver’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of C$987.6K. In comparison, last year the company had a GAAP net loss of C$1.76 million.
Bayhorse Silver, Inc. is a junior natural resource company, which engages in the acquisition, exploration, and development of natural resource properties. It focuses on the following projects Bayhorse underground, Bridging the Gap, and the Little Swan. The company was founded on April 6, 2004 and is headquartered in Burnaby, Canada.
The company’s shares closed on Thursday at C$0.11, close to its 52-week low of C$0.09.
