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Bayhorse Silver ( (TSE:BHS) ) has issued an announcement.
Bayhorse Silver has extracted a 25-ton run-of-mine metallurgical bulk sample from two high-grade working faces at its Bayhorse Silver Mine, including the Big Dog and Goldilocks zones that have previously returned silver grades exceeding 1,600 g/t. The sample, analyzed under NI 43-101 standards, will support resource definition and permitting while testing mill recoveries, tailings characteristics and wastewater treatment needs for a potential restart of full-scale mining.
The metallurgical work is expected to validate ore-sorting performance and confirm concentrate grades and recoveries for silver, antimony, copper and zinc, all designated critical and strategic minerals in the United States. Bayhorse’s processing strategy, including proven antimony leaching, is designed to improve recoveries from its refractory tetrahedrite mineralization and could strengthen the project’s economics and its positioning in the North American critical minerals supply chain.
The most recent analyst rating on (TSE:BHS) stock is a Hold with a C$0.10 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 BHS Stock
According to Spark, TipRanks’ AI Analyst, BHS is a Neutral.
The score is primarily weighed down by weak financial performance (no revenue, continued losses, negative free cash flow, and negative equity indicating funding risk). Technical indicators also show a soft near-term trend (below short-term moving averages and negative MACD). Valuation signals are limited due to negative earnings and no stated dividend yield.
To see Spark’s full report on BHS stock, click here.
More about Bayhorse Silver
Bayhorse Silver Inc. is a mineral exploration and production company focused on the historic Bayhorse Silver Mine, where it targets silver along with critical and strategic by-product metals such as antimony, copper and zinc. The company aims to advance this U.S.-recognized critical minerals asset through underground development, resource definition and metallurgical optimization for high-value concentrates.
Average Trading Volume: 599,789
Technical Sentiment Signal: Hold
Current Market Cap: C$26.92M
Find detailed analytics on BHS stock on TipRanks’ Stock Analysis page.