Blackrock Silver (CVE:BRC) Trading Down 4.5% - Should You Sell?

Blackrock Silver Corp. (CVE:BRC - Get Free Report) fell 4.5% during trading on Thursday . The stock traded as low as C$0.42 and last traded at C$0.43. 459,170 shares traded hands during mid-day trading, a decline of 30% from the average session volume of 656,604 shares. The stock had previously closed at C$0.45.

Blackrock Silver Trading Down 4.5%

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 firm's 50 day moving average is C$0.35 and its two-hundred day moving average is C$0.36. The stock has a market cap of C$120.82 million, a price-to-earnings ratio of -18.73 and a beta of 3.19.

Insider Buying and Selling

In other Blackrock Silver news, Senior Officer Amit Kumar sold 101,200 shares of the business's stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of C$0.37, for a total transaction of C$37,444.00. Also, insider 2176423 Ontario Ltd. purchased 693,500 shares of the company's stock in a transaction on Wednesday, June 18th. The stock was purchased at an average price of C$0.40 per share, for a total transaction of C$276,637.15. Company insiders own 17.84% of the company's stock.

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.

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