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Bayhorse Silver ( (TSE:BHS) ) has shared an announcement.
Bayhorse Silver has launched a warrant exercise incentive program covering 20 million existing warrants that are currently exercisable at $0.15 until February 1, 2026, aiming to encourage early conversion between January 6 and January 30, 2026. Holders who exercise during this window will receive a new incentive warrant for each warrant exercised, allowing them to buy an additional share at $0.16 for 12 months, subject to a potential accelerated expiry if the share price trades at or above $0.22 for ten consecutive days, a structure that could bring forward capital inflows for Bayhorse while modestly increasing potential future dilution and aligning warrant holders more closely with the company’s near-term share price performance.
The most recent analyst rating on (TSE:BHS) stock is a Hold with a C$0.13 price target. To see the full list of analyst forecasts on Bayhorse Silver stock, see the TSE:BHS Stock Forecast page.
Spark’s Take on TSE:BHS Stock
According to Spark, TipRanks’ AI Analyst, TSE:BHS is a Neutral.
Overall score is held back primarily by weak financial performance (no revenue, ongoing losses, negative cash flow, and negative equity), indicating elevated funding and execution risk. Technicals are relatively strong with a clear uptrend and positive momentum indicators, while valuation is constrained by losses and the absence of dividend support. Recent corporate updates are constructive but remain largely developmental.
To see Spark’s full report on TSE:BHS stock, click here.
More about Bayhorse Silver
Bayhorse Silver Inc. is a silver-focused exploration and production company with a 100% interest in the historic Bayhorse Silver Mine in Oregon, which hosts an NI 43-101 inferred resource of 6.3 million ounces of silver at high grades. The company also owns the Pegasus Project in Idaho, operates a low-impact 200-ton-per-day mining operation with advanced ore-sorting technology, and runs a 60-ton-per-day mill and flotation facility in Idaho supported by an offtake agreement with Ocean Partners UK Limited, leveraging an experienced management and technical team with strong mine-building and exploration expertise.
Average Trading Volume: 598,511
Technical Sentiment Signal: Buy
Current Market Cap: C$54.12M
See more insights into BHS stock on TipRanks’ Stock Analysis page.