Bayhorse Silver (CVE:BHS) Given a C$0.21 Price Target by Fundamental Research Analysts

Fundamental Research set a C$0.21 target price on Bayhorse Silver (CVE:BHS) in a report published on Tuesday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Bayhorse Silver Trading Down 6.3%

Shares of BHS stock opened at C$0.08 on Tuesday. The stock’s fifty day moving average is C$0.10 and its two-hundred day moving average is C$0.09. The company has a debt-to-equity ratio of 503.12, a quick ratio of 0.16 and a current ratio of 0.59. The firm has a market capitalization of C$25.94 million, a P/E ratio of -7.50 and a beta of 2.38. Bayhorse Silver has a fifty-two week low of C$0.04 and a fifty-two week high of C$0.16.

About Bayhorse Silver

Bayhorse Silver Inc, a junior natural resource company, engages in the acquisition, exploration, and development of natural resource properties. It explores for silver, gold, zinc, copper, antimony, lead, and other metals. The company holds a 100% interest in the Bayhorse Silver Mine Property located in Baker County, Oregon. It also entered into an option agreement to acquire an 80% interest in the Brandywine project located in British Colombia. The company was formerly known as Kent Exploration Inc and changed its name to Bayhorse Silver Inc in December 2013.