Blackrock Silver (CVE:BRC) Sets New 52-Week High – What’s Next?

by · The Cerbat Gem

Blackrock Silver Corp. (CVE:BRC – Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$0.58 and last traded at C$0.51, with a volume of 1215198 shares. The stock had previously closed at C$0.51.

Blackrock Silver Price Performance

The stock has a market cap of C$136.19 million, a PE ratio of -27.00 and a beta of 3.19. The stock’s fifty day moving average is C$0.33 and its 200-day moving average is C$0.31. The company has a debt-to-equity ratio of 0.45, a current ratio of 8.57 and a quick ratio of 3.14.

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

Insider Buying and Selling at Blackrock Silver

In other news, Senior Officer Amit Kumar sold 175,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 8th. The shares were sold at an average price of C$0.36, for a total value of C$62,125.00. In related news, Senior Officer Amit Kumar sold 175,000 shares of the business’s stock in a transaction on Tuesday, October 8th. The stock was sold at an average price of C$0.36, for a total value of C$62,125.00. Also, Director Andrew Pollard sold 273,800 shares of the 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. Insiders sold a total of 573,800 shares of company stock worth $209,141 over the last three months. 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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