Blackrock Silver (CVE:BRC) Stock Price Up 12.2% – Time to Buy?

Blackrock Silver Corp. (CVE:BRC) traded up 12.2% on Tuesday . The stock traded as high as C$1.31 and last traded at C$1.29. 231,750 shares were traded during mid-day trading, a decline of 85% from the average session volume of 1,597,252 shares. The stock had previously closed at C$1.15.

Blackrock Silver Trading Up 5.2%

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$512.35 million, a P/E ratio of -20.14 and a beta of 3.20. The stock has a 50-day moving average price of C$1.60 and a two-hundred day moving average price of C$1.16.

About Blackrock Silver

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.