Blackrock Silver (CVE:BRC) Reaches New 1-Year High – Here’s Why

Blackrock Silver Corp. (CVE:BRC)’s share price reached a new 52-week high during trading on Monday . The company traded as high as C$0.58 and last traded at C$0.51, with a volume of 1215198 shares changing hands. The stock had previously closed at C$0.51.

Blackrock Silver Trading Up 2.0 %

The firm has a market capitalization of C$141.64 million, a price-to-earnings ratio of -26.00 and a beta of 3.19. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.14 and a current ratio of 8.57. The company has a 50 day moving average price of C$0.32 and a two-hundred day moving average price of C$0.31.

Blackrock Silver (CVE:BRC) last posted its quarterly earnings data on Friday, September 27th. The company reported C($0.01) earnings per share for the quarter.

Insider Activity at Blackrock Silver

In other Blackrock Silver news, Director Antony Wood sold 125,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 25th. The stock was sold at an average price of C$0.36, for a total transaction of C$45,025.00. In other news, Director Antony Wood sold 125,000 shares of the company’s stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of C$0.36, for a total transaction of C$45,025.00. Also, Senior Officer Amit Kumar sold 175,000 shares of the stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of C$0.36, for a total transaction of C$62,125.00. In the last three months, insiders have sold 573,800 shares of company stock valued at $209,141. 17.84% of the stock is owned by corporate insiders.

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.