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Blackrock Silver (CVE:BRC) Sets New 1-Year High - Time to Buy?

Blackrock Silver logo with Basic Materials background

Blackrock Silver Corp. (CVE:BRC - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.61 and last traded at C$0.58, with a volume of 1394338 shares. The stock had previously closed at C$0.56.

Blackrock Silver Stock Performance

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 company's fifty day moving average is C$0.40 and its 200-day moving average is C$0.37. The stock has a market cap of C$164.89 million, a PE ratio of -25.56 and a beta of 3.19.

Insider Activity

In other Blackrock Silver news, insider 2176423 Ontario Ltd. bought 693,500 shares of Blackrock Silver stock in a transaction that occurred on Wednesday, June 18th. The stock was purchased at an average price of C$0.40 per share, with a total value of C$276,637.15. Insiders have acquired a total of 1,338,000 shares of company stock worth $573,088 over the last three months. Company insiders own 17.84% of the company's stock.

About Blackrock Silver

(Get Free Report)

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.

See Also

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