Blackrock Silver (CVE:BRC) Trading 16.4% Higher – What’s Next?

Blackrock Silver Corp. (CVE:BRC)’s stock price was up 16.4% during trading on Tuesday . The company traded as high as C$1.85 and last traded at C$1.85. Approximately 1,712,087 shares were traded during trading, a decline of 6% from the average daily volume of 1,819,717 shares. The stock had previously closed at C$1.59.

Blackrock Silver Stock Up 16.4%

The company has a market cap of C$639.27 million, a price-to-earnings ratio of -23.13 and a beta of 2.75. The business has a fifty day moving average of C$1.44 and a two-hundred day moving average of C$0.99. The company has a current ratio of 8.57, a quick ratio of 3.14 and a debt-to-equity ratio of 0.45.

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. 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.