Blackrock Silver (CVE:BRC) Sets New 52-Week High - Should You Buy?

Key Points

• Shares of Blackrock Silver reached a new 52-week high of C$1.30, trading up about 7.4% on heavy volume (~804,295 shares) from a prior close of C$1.21.
• Key metrics show a market cap of C$431.5M, a negative PE (‑16.25), a high beta (2.50) and strong liquidity (quick ratio 3.14, current ratio 8.57) with moderate leverage (debt/equity 0.45).
• Blackrock Silver is a silver‑gold exploration and development company whose flagship assets are the Tonopah West and Silver Cloud projects in Nevada.

Blackrock Silver Corp. (CVE:BRC - ) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$1.30 and last traded at C$1.30, with a volume of 804295 shares. The stock had previously closed at C$1.21.

Blackrock Silver Trading Up 7.4%

The firm has a market capitalization of C$431.49 million, a PE ratio of -16.25 and a beta of 2.50. The company has a quick ratio of 3.14, a current ratio of 8.57 and a debt-to-equity ratio of 0.45. The stock's fifty day simple moving average is C$0.77 and its 200 day simple moving average is C$0.68.

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. It also holds 100% interest in the Silver Cloud project comprising 572 unpatented lode mining claims covering an area of 46.9 square kilometers located in Northern Nevada Rift, Nevada.

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