Blackrock Silver (CVE:BRC) Given a C$1.00 Price Target at Raymond James

Posted by Paula Ricardo on Nov 30th, 2024

Raymond James set a C$1.00 target price on Blackrock Silver (CVE:BRC – Free Report) in a research report sent to investors on Tuesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock. Raymond James also issued estimates for Blackrock Silver’s Q4 2024 earnings at ($0.02) EPS, FY2024 earnings at ($0.04) EPS, Q1 2025 earnings at ($0.01) EPS, Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at ($1.00) EPS, Q4 2025 earnings at ($0.01) EPS, FY2025 earnings at ($0.05) EPS, FY2026 earnings at ($0.04) EPS and FY2027 earnings at ($0.02) EPS.

Blackrock Silver Stock Up 1.2 %

Shares of CVE BRC opened at C$0.43 on Tuesday. Blackrock Silver has a 52-week low of C$0.19 and a 52-week high of C$0.58. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.14 and a current ratio of 8.57. The stock has a market cap of C$115.76 million, a P/E ratio of -21.50 and a beta of 3.19. The firm has a 50 day moving average price of C$0.42 and a 200 day moving average price of C$0.33.

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

Insider Transactions at Blackrock Silver

In related news, Director Andrew Pollard sold 273,800 shares of Blackrock Silver stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$0.37, for a total transaction of C$101,990.50. Also, Director Antony Wood sold 125,000 shares of the stock in a transaction dated Wednesday, September 25th. The shares were sold at an average price of C$0.36, for a total transaction of C$45,025.00. Insiders have sold a total of 573,800 shares of company stock worth $209,141 in the last 90 days. Corporate 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.