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Bayhorse Silver shares rose 13.3% to a 52-week high on higher volume and an analyst upgrade, despite weak financials.
Bayhorse Silver (CVE:BHS) shares climbed 13.3% to C$0.09 on Wednesday, hitting a 52-week high, on increased trading volume and an analyst upgrade, though the exact catalyst wasn’t specified.
The company, a junior mining firm with a 100% stake in Oregon’s Bayhorse Silver Mine Property, explores for silver, gold, and other metals.
Its market cap stands at C$27.5 million, with a debt-to-equity ratio of 503.12, a negative P/E ratio of -8.00, and a beta of 2.10, indicating high volatility.
Financial health remains weak, with current and quick ratios below 1, and long-term prospects tied to commodity prices and exploration success.
Las acciones de Bayhorse Silver subieron un 13,3% a un máximo de 52 semanas debido a un mayor volumen y una mejora de los analistas, a pesar de los débiles resultados financieros.