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Blackrock Silver (CVE:BRC) Sets New 12-Month High - Here's Why

Blackrock Silver logo with Basic Materials background

Blackrock Silver Corp. (CVE:BRC - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as C$0.60 and last traded at C$0.61, with a volume of 633919 shares changing hands. The stock had previously closed at C$0.60.

Blackrock Silver Price Performance

The stock has a market capitalization of C$162.04 million, a price-to-earnings ratio of -25.12 and a beta of 3.19. 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 company has a fifty day simple moving average of C$0.45 and a two-hundred day simple moving average of C$0.39.

Insiders Place Their Bets

In other Blackrock Silver news, insider 2176423 Ontario Ltd. purchased 693,500 shares of the 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 1,887,400 shares of company stock valued at $875,258. 17.84% of the stock is owned by insiders.

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.

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