The week before Christmas proved to be exciting for TSXV investors as the Bayhorse Silver Incorporated stock surged a whopping 63 percent in trading! The Toronto venture exchange was excited to rang in the holiday season with a high-profit stock.
Bayhorse Silver Incorporated (TSXV: BHS) is a mineral exploration and development company that operates its business from Vancouver, British Columbia. The company currently operates two projects in Canada. Their flagship project is the Bayhorse Silver Mine located in southeastern Oregon.
Bayhorse Silver Incorporated is focused on the development and production of gold and silver from their Oregon mine, and also the potential development of gold and silver resources from their Canada projects. The company is led by a team of experienced and accomplished professionals with both strong technical and financial experience.
Bayhorse Silver’s highlights of the past week: it has reported a strong second quarter 2020 with revenue of $113.4 million; it continues to make significant progress on its assessment program for the Bayhorse Silver Mine; and has drilled a new hole at the mine with results expected in the first quarter of 2021.
The stock market was buzzing in anticipation prior to the stock’s climb. After the stock’s impressive performance, Bayhorse traded customers can expect to enjoy the benefits of the stock’s gains, with the company targeting a return to profitability in 2021.
Aside from Bayhorse, other TSXV stocks such as Skyharbour Resources Ltd., Geodex Minerals Ltd., Semios Technologies Inc., and MinQuest Inc. were on the rise this past week. Skyharbour Resources Ltd. saw a 53 percent gain while Geodex Minerals boasted a 37 percent climb. Semios Technologies Inc. also posted a 35 percent gain and MinQuest Inc. jumped 25 percent.
These five stocks are all performing exceptional on the TSXV and they are just a handful of the stocks that investors should be keeping an eye on. Clearly, the Canadian exchange is a great source of investment opportunities, and has proved to be an attractive trading strategy for savvy investors.
Bayhorse Silver Incorporated (TSXV: BHS) proved to be an impressive player in the TSXV market this past week, posting a considerable 63 percent climb and setting the tone for 2021 investment strategies. The company is certainly one to watch and investors can anticipate increased returns as the year progresses.