Blackrock Silver Corp. (
CVE:BRC -
Get Free Report)'s stock price traded down 13.8% during mid-day trading on Wednesday . The company traded as low as C$0.68 and last traded at C$0.75. 4,537,097 shares traded hands during trading, an increase of 428% from the average session volume of 859,477 shares. The stock had previously closed at C$0.87.
Blackrock Silver Stock Down 11.5%
The firm has a market cap of C$250.63 million, a price-to-earnings ratio of -9.63 and a beta of 2.31. 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 50-day moving average of C$0.70 and a 200-day moving average of C$0.50.
Insider Buying and Selling
In other Blackrock Silver news, insider Eric Sprott bought 781,704 shares of Blackrock Silver stock in a transaction on Thursday, September 11th. The shares were purchased at an average price of C$0.68 per share, with a total value of C$531,558.72. Following the acquisition, the insider owned 48,121,923 shares in the company, valued at C$32,722,907.64. This trade represents a 1.65% increase in their position. Also, insider 2176423 Ontario Ltd. bought 781,704 shares of Blackrock Silver stock in a transaction on Thursday, September 11th. The stock was acquired at an average cost of C$0.68 per share, for a total transaction of C$531,558.72. Following the acquisition, the insider owned 48,121,923 shares in the company, valued at approximately C$32,722,907.64. This represents a 1.65% increase in their position. Insiders have purchased 3,312,808 shares of company stock worth $2,026,687 in the last three months. 17.84% of the stock is currently owned by company 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.
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