Blackrock Silver (CVE:BRC) Trading 4.1% Higher - Should You Buy?

Key Points

• Blackrock Silver shares rose 4.1% to C$1.28 on Monday with roughly 557,808 shares traded, about a 62% drop from its average daily volume.
• The company has a market capitalization of C$470.07 million, a negative PE (-21.33) and high volatility (beta 3.52), while reporting strong short-term liquidity (quick ratio 3.14, current ratio 12.66).
• Blackrock Silver explores and develops silver and gold assets in Canada and the U.S., notably the Tonopah West and Silver Cloud projects in Nevada.

Blackrock Silver Corp. (CVE:BRC - )'s share price was up 4.1% during trading on Monday . The stock traded as high as C$1.28 and last traded at C$1.28. Approximately 557,808 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 1,485,339 shares. The stock had previously closed at C$1.23.

Blackrock Silver Price Performance

The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.14 and a current ratio of 12.66. The stock has a market capitalization of C$470.07 million, a PE ratio of -21.33 and a beta of 3.52. The company's fifty day simple moving average is C$1.49 and its two-hundred day simple moving average is C$1.22.

Blackrock Silver Company Profile

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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