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 on Tuesday . The stock traded as high as C$0.41 and last traded at C$0.41, with a volume of 602646 shares traded. The stock had previously closed at C$0.37.

Blackrock Silver Trading Up 12.2 %

The firm has a market capitalization of C$112.75 million, a PE ratio of -18.50 and a beta of 3.15. The firm’s fifty day moving average is C$0.30 and its two-hundred day moving average is C$0.30. 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) last announced its quarterly earnings data on Friday, September 27th. The company reported C($0.01) EPS for the quarter.

Insiders Place Their Bets

In other Blackrock Silver news, Director Antony Wood sold 125,000 shares of Blackrock Silver stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of C$0.36, for a total value of C$45,025.00. In other news, Director Antony Wood sold 125,000 shares of the business’s 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 value of C$45,025.00. Also, Senior Officer Amit Kumar sold 175,000 shares of the business’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 transaction of C$62,125.00. Over the last 90 days, insiders have sold 573,800 shares of company stock valued at $209,141. Company insiders own 17.78% of the company’s stock.

About Blackrock Silver

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.