Bayhorse Silver Inc
Bayhorse Silver Inc has a liquidity risk profile that is currently rated as medium, with a debt-to-equity ratio of 0.97 and a current ratio of 0.75, indicating that the company's short-term liabilities exceed its short-term assets. The company's free cash flow is negative at -$568,450, and its operating cash flow is also negative at -$478,010, suggesting that the company is not generating sufficient cash from operations to fund its activities. The company's profitability is weak, with a return on equity of -1.40 and a return on assets of -0.259, both significantly below the industry median for diversified mining companies. The net loss of -$636,550 and operating loss of -$767,100 further underscore the company's financial challenges. Bayhorse Silver Inc's revenue is not segmented by geographic region or business line in the available data, but the company's total assets of $2.46 million and total liabilities of $2.00 million suggest a relatively small operational footprint. The company's long-term debt of $440,380 represents a significant portion of its liabilities, and the negative net cash position indicates a potential need for external financing. The company's growth trajectory is uncertain, with no specific revenue growth projections provided in the available data. The company's operating and net losses suggest that it is not currently in a growth phase and may be facing operational or market challenges. The risk assessment for Bayhorse Silver Inc highlights a medium liquidity risk and a low dilution risk. The company's negative net cash position after subtracting total debt is a key flag, indicating potential financial instability. The low dilution risk suggests that the company is not expected to issue a large number of new shares in the near term. Recent events and filings for Bayhorse Silver Inc do not include specific details about recent operational or strategic developments. The company's financial snapshot indicates ongoing losses and negative cash flows, which may be a concern for investors.
Business. Bayhorse Silver Inc is a diversified mining company focused on the exploration and development of mineral resources, primarily in the basic materials sector.
Classification. Bayhorse Silver Inc is classified under the Basic Materials economic sector, within the Mineral Resources business sector, and the Diversified Mining industry, with a high confidence level of 0.92.
- Bayhorse Silver Inc is experiencing significant financial losses, with a net loss of -$636,550 and an operating loss of -$767,100.
- The company's liquidity position is weak, with a current ratio of 0.75 and a negative free cash flow of -$568,450.
- The company's return on equity and return on assets are both negative, indicating poor profitability.
- The company's debt-to-equity ratio of 0.97 suggests a moderate level of leverage.
- Analysts have provided a mean price target of $0.21, with a mean recommendation of 2.00 (Hold).
- The company's financial position is characterized by a negative net cash position after subtracting total debt.
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- Net cash is negative after subtracting total debt.