Blackrock Silver (CVE:BRC) Insider 2176423 Ontario Ltd. Buys 100,000 Shares

Key Points

• 2176423 Ontario Ltd. purchased 100,000 shares of Blackrock Silver at an average price of C$0.61 per share, totaling C$60,700, increasing its total holdings to 46,540,219 shares.
• Blackrock Silver's stock is currently trading at C$0.64, with a market capitalization of C$208.31 million and a year-long price range between C$0.26 and C$0.84.
• The company is engaged in the acquisition and exploration of mineral properties, primarily focusing on gold and silver deposits in Canada and the U.S.

Blackrock Silver Corp. (CVE:BRC - Get Free Report) insider 2176423 Ontario Ltd. purchased 100,000 shares of Blackrock Silver stock in a transaction on Monday, August 18th. The stock was bought at an average cost of C$0.61 per share, with a total value of C$60,700.00. Following the transaction, the insider directly owned 46,540,219 shares of the company's stock, valued at approximately C$28,249,912.93. The trade was a 0.22% increase in their ownership of the stock.

2176423 Ontario Ltd. also recently made the following trade(s):

• On Thursday, September 11th, 2176423 Ontario Ltd. purchased 781,704 shares of Blackrock Silver stock. The stock was bought at an average cost of C$0.68 per share, with a total value of C$531,558.72.
• On Wednesday, July 30th, 2176423 Ontario Ltd. purchased 500,000 shares of Blackrock Silver stock. The stock was bought at an average cost of C$0.54 per share, with a total value of C$270,000.00.
• On Monday, July 28th, 2176423 Ontario Ltd. acquired 500,000 shares of Blackrock Silver stock. The shares were acquired at an average cost of C$0.54 per share, with a total value of C$270,000.00.
• On Thursday, July 17th, 2176423 Ontario Ltd. acquired 549,400 shares of Blackrock Silver stock. The shares were acquired at an average cost of C$0.55 per share, with a total value of C$302,170.00.
• On Friday, June 27th, 2176423 Ontario Ltd. acquired 80,000 shares of Blackrock Silver stock. The shares were acquired at an average cost of C$0.45 per share, with a total value of C$36,000.00.
• On Thursday, June 26th, 2176423 Ontario Ltd. acquired 560,500 shares of Blackrock Silver stock. The shares were acquired at an average cost of C$0.46 per share, with a total value of C$259,231.25.
• On Wednesday, June 18th, 2176423 Ontario Ltd. acquired 693,500 shares of Blackrock Silver stock. The shares were acquired at an average cost of C$0.40 per share, with a total value of C$276,637.15.

Blackrock Silver Stock Performance

Shares of CVE BRC traded up C$0.12 during trading hours on Friday, hitting C$0.83. 12,205,025 shares of the company's stock were exchanged, compared to its average volume of 793,157. Blackrock Silver Corp. has a 1-year low of C$0.27 and a 1-year high of C$0.98. The company has a debt-to-equity ratio of 0.45, a current ratio of 8.57 and a quick ratio of 3.14. The stock has a market capitalization of C$270.16 million, a price-to-earnings ratio of -10.38 and a beta of 2.31. The company's 50-day moving average price is C$0.62 and its 200-day moving average price is C$0.45.

About Blackrock Silver

Blackrock Silver Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. It primarily explores for gold and silver deposits. The company's flagship property is the Tonopah West silver-gold project comprising 100 patented and 83 unpatented lode mining claims covering an area of 10.3 square kilometers located in the Walker Lane trend of western Nevada.