Blackrock Silver (CVE:BRC) Trading Up 5.1% – Should You Buy?

Shares of Blackrock Silver Corp. (CVE:BRC) were up 5.1% on Monday . The stock traded as high as C$1.24 and last traded at C$1.23. Approximately 126,813 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 1,330,231 shares. The stock had previously closed at C$1.17.

Blackrock Silver Trading Up 6.0%

The firm has a market capitalization of C$455.38 million, a price-to-earnings ratio of -20.67 and a beta of 3.57. The company has a fifty day moving average price of C$1.29 and a 200-day moving average price of C$1.29. The company has a current ratio of 12.66, a quick ratio of 3.14 and a debt-to-equity ratio of 0.12.

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.