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Blackrock Silver (CVE:BRC) Hits New 1-Year High - What's Next?

Blackrock Silver logo with Basic Materials background

Key Points

  • Blackrock Silver Corp. shares reached a new 52-week high of C$0.65, reflecting a significant increase in trading activity with 148,615 shares exchanged.
  • The company has a market cap of C$176.26 million and notable financial metrics, including a debt-to-equity ratio of 0.45 and a quick ratio of 3.14.
  • Insiders have shown confidence in Blackrock Silver, purchasing 2,887,400 shares valued at over $1.4 million in the past 90 days.
  • Want stock alerts on Blackrock Silver? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Blackrock Silver Corp. (CVE:BRC - Get Free Report)'s stock price reached a new 52-week high on Tuesday . The stock traded as high as C$0.65 and last traded at C$0.63, with a volume of 148615 shares. The stock had previously closed at C$0.65.

Blackrock Silver Price Performance

The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.14 and a current ratio of 8.57. The firm has a market capitalization of C$173.41 million, a price-to-earnings ratio of -26.89 and a beta of 3.19. The business has a fifty day moving average of C$0.52 and a two-hundred day moving average of C$0.41.

Insider Activity at Blackrock Silver

In related news, insider 2176423 Ontario Ltd. purchased 693,500 shares of the firm's stock in a transaction dated Wednesday, June 18th. The stock was bought at an average price of C$0.40 per share, with a total value of C$276,637.15. Over the last ninety days, insiders acquired 2,883,400 shares of company stock worth $1,414,038. 17.84% of the stock is currently owned by insiders.

Blackrock Silver Company Profile

(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.

Further Reading

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