Blackrock Silver (CVE:BRC) Shares Down 1.6% - Time to Sell?

Blackrock Silver Corp. (CVE:BRC - Get Free Report) fell 1.6% on Wednesday . The stock traded as low as C$0.31 and last traded at C$0.31. Approximately 533,240 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 673,336 shares. The stock had previously closed at C$0.31.

Blackrock Silver Trading Down 1.6 %

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 stock has a fifty day moving average of C$0.34 and a 200-day moving average of C$0.38. The company has a market cap of C$86.71 million, a PE ratio of -13.44 and a beta of 3.19.

Insider Activity at Blackrock Silver

In related news, insider 2176423 Ontario Ltd. purchased 1,000,000 shares of the business's stock in a transaction dated Monday, February 10th. The shares were acquired at an average cost of C$0.35 per share, for a total transaction of C$348,800.00. Also, Senior Officer Amit Kumar sold 101,200 shares of the firm's stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of C$0.37, for a total value of C$37,444.00. 17.84% of the stock is owned by company insiders.

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.

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