Blackrock Silver (CVE:BRC) Reaches New 12-Month High – What’s Next?

Posted by on Oct 21st, 2024

Blackrock Silver Corp. (CVE:BRC – Get Free Report) shares 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 Stock Up 2.0 %

The firm has a 50-day moving average of C$0.32 and a two-hundred day moving average of C$0.31. 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 has a market capitalization of C$141.64 million, a PE ratio of -26.00 and a beta of 3.19.

Blackrock Silver (CVE:BRC – Get Free Report) last released its quarterly earnings results on Friday, September 27th. The company reported C($0.01) earnings per share for the quarter.

Insider Activity

In related news, Director Antony Wood sold 125,000 shares of the stock in a transaction that occurred 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. In related news, Director Antony Wood sold 125,000 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The stock was sold at an average price of C$0.36, for a total transaction of C$45,025.00. Also, Director Andrew Pollard sold 273,800 shares of the business’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of C$0.37, for a total transaction of C$101,990.50. In the last three months, insiders have sold 573,800 shares of company stock valued at $209,141. Company insiders own 17.84% of the company’s stock.

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.

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