Blackrock Silver (CVE:BRC) Reaches New 52-Week High – Here’s Why

Blackrock Silver Corp. (CVE:BRC)’s stock price reached a new 52-week high on Monday . The company traded as high as C$1.59 and last traded at C$1.58, with a volume of 757646 shares traded. The stock had previously closed at C$1.42.

Blackrock Silver Trading Up 11.3%

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 has a market cap of C$524.43 million, a PE ratio of -19.75 and a beta of 2.75. The stock’s fifty day simple moving average is C$1.01 and its two-hundred day simple moving average is C$0.80.

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.