Blackrock Silver (CVE:BRC) Shares Up 5.8% – Still a Buy?

Blackrock Silver Corp. (CVE:BRCGet Free Report)’s stock price was up 5.8% during trading on Wednesday . The stock traded as high as C$0.93 and last traded at C$0.91. Approximately 1,422,492 shares were traded during trading, an increase of 57% from the average daily volume of 903,471 shares. The stock had previously closed at C$0.86.

Blackrock Silver Price Performance

The firm has a market capitalization of C$361.79 million, a price-to-earnings ratio of -13.63 and a beta of 2.50. 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 company’s fifty day moving average is C$0.74 and its two-hundred day moving average is C$0.66.

About Blackrock Silver

(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. 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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