Blackrock Silver Corp. (CVE:BRC) Insider 2176423 Ontario Ltd. Buys 1,000,000 Shares of Stock

Blackrock Silver Corp. (CVE:BRC) insider 2176423 Ontario Ltd. purchased 1,000,000 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was bought at an average cost of C$0.35 per share, with a total value of C$348,800.00.

Blackrock Silver Trading Up 7.5 %

Shares of BRC opened at C$0.36 on Thursday. The company has a current ratio of 8.57, a quick ratio of 3.14 and a debt-to-equity ratio of 0.45. The firm has a 50-day moving average price of C$0.38 and a 200 day moving average price of C$0.37. Blackrock Silver Corp. has a 12-month low of C$0.21 and a 12-month high of C$0.58. The firm has a market capitalization of C$98.06 million, a P/E ratio of -18.00 and a beta of 3.19.

Analysts Set New Price Targets

Separately, Raymond James set a C$1.00 target price on Blackrock Silver and gave the company an “outperform” rating in a report on Tuesday, November 26th.

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.