Loading...

Bayhorse Silver

TSXV:BHS
Snowflake Description

Weak fundamentals or lack of information.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BHS
TSXV
CA$8M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Bayhorse Silver Inc., a junior natural resource company, engages in the acquisition, exploration, and development of natural resource properties. The last earnings update was 111 days ago. More info.


Add to Portfolio Compare Print
  • Bayhorse Silver has significant price volatility in the past 3 months.
BHS Share Price and Events
7 Day Returns
5.6%
TSXV:BHS
0.1%
CA Metals and Mining
0.7%
CA Market
1 Year Returns
-54.8%
TSXV:BHS
-7.9%
CA Metals and Mining
-0.1%
CA Market
BHS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bayhorse Silver (BHS) 5.6% -9.5% 0% -54.8% 0% -38.7%
CA Metals and Mining 0.1% 1.5% 10.1% -7.9% 5.7% -23.5%
CA Market 0.7% 1.6% 11.5% -0.1% 15.4% 5%
1 Year Return vs Industry and Market
  • BHS underperformed the Metals and Mining industry which returned -7.9% over the past year.
  • BHS underperformed the Market in Canada which returned -0.1% over the past year.
Price Volatility
BHS
Industry
5yr Volatility vs Market

BHS Value

 Is Bayhorse Silver undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Bayhorse Silver is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Bayhorse Silver has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Bayhorse Silver. This is due to cash flow or dividend data being unavailable. The share price is CA$0.095.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bayhorse Silver's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bayhorse Silver's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:BHS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.07
TSXV:BHS Share Price ** TSXV (2019-03-18) in CAD CA$0.1
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bayhorse Silver.

TSXV:BHS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:BHS Share Price ÷ EPS (both in CAD)

= 0.1 ÷ -0.07

-1.32x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bayhorse Silver is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Bayhorse Silver is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Bayhorse Silver's expected growth come at a high price?
Raw Data
TSXV:BHS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Bayhorse Silver, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bayhorse Silver's assets?
Raw Data
TSXV:BHS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$-0.02
TSXV:BHS Share Price * TSXV (2019-03-18) in CAD CA$0.1
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:BHS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:BHS Share Price ÷ Book Value per Share (both in CAD)

= 0.1 ÷ -0.02

-4.13x

* Primary Listing of Bayhorse Silver.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bayhorse Silver has negative assets, we can't compare the value of its assets to the CA Metals and Mining industry average.

Next steps:

  1. Take a look at our analysis of BHS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Bayhorse Silver's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Metals and Mining industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Bayhorse Silver's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Bayhorse Silver has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BHS Future Performance

 How is Bayhorse Silver expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bayhorse Silver has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bayhorse Silver expected to grow at an attractive rate?
  • Unable to compare Bayhorse Silver's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Bayhorse Silver's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Bayhorse Silver's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:BHS Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.7%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:BHS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:BHS Future Estimates Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSXV:BHS Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -3 -5
2018-06-30 -4 -6
2018-03-31 -4 -5
2017-12-31 -3 -5
2017-09-30 -2 -4
2017-06-30 -2 -4
2017-03-31 -1 -4
2016-12-31 -1 -3
2016-09-30 -1 -2
2016-06-30 -1 -2
2016-03-31 -1 -1
2015-12-31 -1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Bayhorse Silver is high growth as no earnings estimate data is available.
  • Unable to determine if Bayhorse Silver is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:BHS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bayhorse Silver Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BHS Future Estimates Data
Date (Data in CAD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSXV:BHS Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.07
2018-06-30 -0.09
2018-03-31 -0.09
2017-12-31 -0.09
2017-09-30 -0.10
2017-06-30 -0.09
2017-03-31 -0.10
2016-12-31 -0.10
2016-09-30 -0.08
2016-06-30 -0.06
2016-03-31 -0.04
2015-12-31 -0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Bayhorse Silver will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of BHS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Bayhorse Silver's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Bayhorse Silver's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Bayhorse Silver's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bayhorse Silver has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BHS Past Performance

  How has Bayhorse Silver performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bayhorse Silver's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bayhorse Silver does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Bayhorse Silver's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Bayhorse Silver's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Bayhorse Silver's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bayhorse Silver Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:BHS Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -5.04 1.09
2018-06-30 -5.62 1.09
2018-03-31 -5.25 0.92
2017-12-31 -4.55 0.67
2017-09-30 -4.31 0.90
2017-06-30 -3.57 0.64
2017-03-31 -3.53 0.81
2016-12-31 -3.08 0.79
2016-09-30 -2.45 0.64
2016-06-30 -1.77 0.66
2016-03-31 -1.23 0.49
2015-12-31 -1.26 0.53
2015-09-30 -0.80 0.48
2015-06-30 -0.59 0.48
2015-03-31 -0.97 0.58
2014-12-31 -1.51 0.67
2014-09-30 -1.19 0.92
2014-06-30 -1.27 0.89
2014-03-31 -0.90 0.79
2013-12-31 -0.48 0.72
2013-09-30 -1.08 0.45
2013-06-30 -1.11 0.40
2013-03-31 -1.21 0.42
2012-12-31 -1.07 0.38
2012-09-30 -1.24 0.42
2012-06-30 -1.72 0.59
2012-03-31 -2.88 0.75

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Bayhorse Silver has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Bayhorse Silver has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Bayhorse Silver improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Bayhorse Silver's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bayhorse Silver has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BHS Health

 How is Bayhorse Silver's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Bayhorse Silver's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bayhorse Silver's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Bayhorse Silver's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Bayhorse Silver's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Bayhorse Silver has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bayhorse Silver Company Filings, last reported 5 months ago.

TSXV:BHS Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 -1.83 2.98 0.23
2018-06-30 -1.33 2.33 0.02
2018-03-31 -1.14 2.29 0.04
2017-12-31 -1.68 2.64 0.05
2017-09-30 -0.88 2.08 1.20
2017-06-30 -1.67 1.56 0.02
2017-03-31 -2.03 1.20 0.00
2016-12-31 -2.25 1.57 0.01
2016-09-30 -2.25 1.64 0.31
2016-06-30 -2.43 1.23 0.00
2016-03-31 -2.17 1.01
2015-12-31 -2.06 0.90 0.00
2015-09-30 -1.30 0.65 0.04
2015-06-30 -1.06 0.30 0.00
2015-03-31 -1.11 0.33 0.00
2014-12-31 -1.25 0.46 0.00
2014-09-30 -0.97 0.24 0.00
2014-06-30 -0.98 0.25 0.00
2014-03-31 -0.61 0.10 0.12
2013-12-31 -0.50 0.23 0.75
2013-09-30 -0.52 0.42 0.00
2013-06-30 -0.44 0.35 0.00
2013-03-31 -0.43 0.33 -0.02
2012-12-31 -0.44 0.44 0.76
2012-09-30 -0.05 0.00 -0.02
2012-06-30 0.27 0.00 -0.03
2012-03-31 0.33 0.00 0.00
  • Bayhorse Silver has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Bayhorse Silver's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Bayhorse Silver has less than a year of cash runway based on current free cash flow.
  • Bayhorse Silver has less than a year of cash runway if free cash flow continues to grow at historical rates of 58.9% each year.
X
Financial health checks
We assess Bayhorse Silver's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bayhorse Silver has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BHS Dividends

 What is Bayhorse Silver's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Bayhorse Silver dividends.
If you bought CA$2,000 of Bayhorse Silver shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Bayhorse Silver's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bayhorse Silver's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:BHS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSXV:BHS Future Dividends Estimate Data
Date (Data in CA$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Bayhorse Silver has not reported any payouts.
  • Unable to verify if Bayhorse Silver's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bayhorse Silver's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bayhorse Silver has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Bayhorse Silver's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bayhorse Silver afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bayhorse Silver has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BHS Management

 What is the CEO of Bayhorse Silver's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Graeme O’Neill
COMPENSATION CA$333,413
AGE 73
TENURE AS CEO 14.9 years
CEO Bio

Mr. Graeme James O'Neill has been the Chief Executive Officer and President of Bayhorse Silver Inc. since April 2004. Mr. O'Neill is responsible for the overall Operations of New Project Generation for Bayhorse Silver. He serves as Chief Executive Officer and President of Archean Star Resources Australia Pty, Ltd. He also been President of HighCard Exploration Inc., a management services company since 2004. He served as the Chief Executive Officer and President at Archean Star Resources Inc. He served as Chief Executive Officer and President of Caliber Minerals Inc. He serves as Director of Caliber Minerals Inc. He has been involved as a Principal in startup and established businesses prior to entering the Mineral Exploration Field. He involved in Developing Commercial Real Estate Projects, as well as Designing and Implementing Marketing Programs and Trade Show Presentations. Most recently, his 12 years as a Municipal Inspector gave him extensive experience in and understanding of the Regulatory Environment. He serves as a Director of Archean Star Resources Australia Pty, Ltd. He was an Non Independent Director of Bayhorse Silver Inc. since April 2004. He served as a Director of Archean Star Resources Inc. from January 28, 2011 to August 30, 2013. He is knowledgeable in dealing with regulations such as those that apply to Public Companies. He is a graduate of the Vansec Sales and Marketing program.

CEO Compensation
  • Graeme's compensation has increased whilst company is loss making.
  • Graeme's remuneration is higher than average for companies of similar size in Canada.
Management Team

Graeme O’Neill

TITLE
President
COMPENSATION
CA$333K
AGE
73
TENURE
14.9 yrs

Rick Low

TITLE
Chief Financial Officer
COMPENSATION
CA$64K
TENURE
2.5 yrs

Donna Moroney

TITLE
Corporate Secretary
AGE
58
Board of Directors Tenure

Average tenure and age of the Bayhorse Silver board of directors in years:

8.3
Average Tenure
72.5
Average Age
  • The tenure for the Bayhorse Silver board of directors is about average.
Board of Directors

Graeme O’Neill

TITLE
President
COMPENSATION
CA$333K
AGE
73
TENURE
14.9 yrs

John Cerenzia

TITLE
Director
AGE
72
TENURE
14.5 yrs

Corey Klassen

TITLE
Independent Director
AGE
47
TENURE
8.9 yrs

Clay Conway

TITLE
Senior Geologist & Director
COMPENSATION
CA$49K
TENURE
7.8 yrs

Stuart Jackson

TITLE
Member of Advisory Board
AGE
77
TENURE
4.8 yrs

Richard Jolk

TITLE
Member of Advisory Board
TENURE
3.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Bayhorse Silver insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
14. Mar 19 Buy Donna Moroney Individual 13. Mar 19 13. Mar 19 90,000 CA$0.10 CA$9,000
14. Mar 19 Buy Graeme O’Neill Individual 13. Mar 19 13. Mar 19 910,000 CA$0.10 CA$91,000
26. Feb 19 Sell Graeme O’Neill Individual 26. Feb 19 26. Feb 19 -600,000 CA$0.10 CA$-60,000
26. Feb 19 Buy Graeme O’Neill Individual 22. Feb 19 22. Feb 19 1,750,000 CA$0.10 CA$174,999
26. Feb 19 Sell Graeme O’Neill Individual 26. Feb 19 26. Feb 19 -340,000 CA$0.13 CA$-41,000
25. Jan 19 Sell Graeme O’Neill Individual 22. Jan 19 22. Jan 19 -900,000 CA$0.10 CA$-85,500
17. Jan 19 Buy Graeme O’Neill Individual 23. Jul 18 23. Jul 18 3,170,000 CA$0.10 CA$317,000
17. Jan 19 Sell Graeme O’Neill Individual 14. Jan 19 15. Jan 19 -350,000 CA$0.10 CA$-35,000
20. Dec 18 Sell Graeme O’Neill Individual 11. Dec 18 16. Dec 18 -1,470,000 CA$0.10 CA$-145,843
26. Nov 18 Sell Graeme O’Neill Individual 31. Oct 18 23. Nov 18 -1,130,000 CA$0.11 CA$-116,544
27. Oct 18 Sell Rick Low Individual 25. Oct 18 25. Oct 18 -50,000 CA$0.12 CA$-6,000
17. Sep 18 Buy Rick Low Individual 17. Sep 18 17. Sep 18 210,000 CA$0.10 CA$21,000
06. Sep 18 Sell Graeme O’Neill Individual 29. Aug 18 04. Sep 18 -1,228,675 CA$0.10 CA$-124,385
06. Jul 18 Sell Graeme O’Neill Individual 03. Jul 18 03. Jul 18 -1,593,000 CA$0.11 CA$-164,489
30. Apr 18 Sell Graeme O’Neill Individual 24. Apr 18 24. Apr 18 -1,022,117 CA$0.19 CA$-194,203
30. Apr 18 Sell Graeme O’Neill Individual 22. Apr 18 22. Apr 18 -400,000 CA$0.18 CA$-72,000
17. Apr 18 Sell Graeme O’Neill Individual 13. Apr 18 13. Apr 18 -675,000 CA$0.20 CA$-126,000
X
Management checks
We assess Bayhorse Silver's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bayhorse Silver has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BHS News

Simply Wall St News

One Thing To Remember About The Bayhorse Silver Inc. (CVE:BHS) Share Price

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Does Bayhorse Silver Inc's (CVE:BHS) CEO Salary Reflect Performance?

Graeme O’Neill took the reins as CEO of Bayhorse Silver Inc's (CVE:BHS) and grew market cap to CA$8.82m recently. … Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … Check out our latest analysis for Bayhorse Silver

Simply Wall St -

Who Are The Top Investors In Bayhorse Silver Inc (CVE:BHS)?

In this article, I'm going to take a look at Bayhorse Silver Inc’s (TSXV:BHS) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … View our latest analysis for Bayhorse Silver TSXV:BHS Ownership_summary Apr 7th 18 Insider Ownership Another important group of shareholders are company insiders. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses.

Simply Wall St -

What You Must Know About Bayhorse Silver Inc's (CVE:BHS) Risks

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … See our latest analysis for Bayhorse Silver An interpretation of BHS's beta Bayhorse Silver has a beta of 3.05, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements.

Simply Wall St -

Is Bayhorse Silver Inc's (CVE:BHS) CEO Pay Fair?

View our latest analysis for Bayhorse Silver What has been the trend in BHS's earnings? … Usually I would use earnings and market cap to account for variations in performance, however, BHS's negative earnings lower the effectiveness of this method. … To research more about these fundamentals, I recommend you check out our simple infographic report on BHS's financial metrics.

Simply Wall St -

What Does Bayhorse Silver Inc's (CVE:BHS) Ownership Structure Look Like?

With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors. … Private Company Ownership Potential investors in BHS should also look at another important group of investors: private companies, with a stake of 3.27%, who are primarily invested because of strategic and capital gain interests. … Thus, investors not need worry too much about the consequences of these holdings.What this means for you: A relatively low shareholding by company insider could indicate potential misalignment of interest.

Simply Wall St -

Is Now The Right Time To Invest In Basic Materials And Bayhorse Silver Inc (TSXV:BHS)?

TSXV:BHS PE PEG Gauge Dec 3rd 17 The metals and mining industry is trading at a PE ratio of 12x, in-line with the Canadian stock market PE of 17x. … If your initial investment thesis is around the growth prospects of BHS, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average. … Although its growth has delivered lower growth relative to its metals and mining peers in the near term, the market may be pessimistic on the stock, leading to a potential undervaluation.

Simply Wall St -

BHS Company Info

Description

Bayhorse Silver Inc., a junior natural resource company, engages in the acquisition, exploration, and development of natural resource properties. It holds a 100% interest in the Bayhorse Silver Mine Property located in Baker County, Oregon; and a 75% undivided right, title, and interest in the Bridging the Gap (Government Gulch) Property situated in the Coeur d'Alene Mining District, Idaho. The company was formerly known as Kent Exploration Inc. and changed its name to Bayhorse Silver Inc. in December 2013. Bayhorse Silver Inc. was founded in 2004 and is headquartered in Burnaby, Canada.

Details
Name: Bayhorse Silver Inc.
BHS
Exchange: TSXV
Founded: 2004
CA$8,354,527
87,942,395
Website: http://www.bayhorsesilver.com
Address: Bayhorse Silver Inc.
137 Ranelagh Avenue,
Burnaby,
British Columbia, V5B 3N2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV BHS Common Shares TSX Venture Exchange CA CAD 30. Aug 2006
OTCPK KXPL.F Common Shares Pink Sheets LLC US USD 30. Aug 2006
DB 7KXN Common Shares Deutsche Boerse AG DE EUR 30. Aug 2006
Number of employees
Current staff
Staff numbers
0
Bayhorse Silver employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 23:58
End of day share price update: 2019/03/18 00:00
Last estimates confirmation: 2017/05/01
Last earnings filing: 2018/11/27
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.