Blackrock Silver (CVE:BRC) Trading Down 4.5% - Here's Why

Blackrock Silver Corp. (CVE:BRC - Get Free Report)'s share price traded down 4.5% during trading on Thursday . The company 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 Stock Up 9.8%

The stock has a fifty day moving average price of C$0.36 and a 200 day moving average price of C$0.36. 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 market capitalization of C$127.93 million, a P/E ratio of -19.83 and a beta of 3.19.

Insider Transactions at Blackrock Silver

In other Blackrock Silver news, insider 2176423 Ontario Ltd. acquired 693,500 shares of the company's stock in a transaction that occurred on Wednesday, June 18th. The stock was bought at an average price of C$0.40 per share, with a total value of C$276,637.15. Also, Senior Officer Amit Kumar sold 101,200 shares of Blackrock Silver stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of C$0.37, for a total value of C$37,444.00. Corporate 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.