Blackrock Silver (CVE:BRC) Trading 12.2% Higher – What’s Next?

Blackrock Silver Corp. (CVE:BRC) shares rose 12.2% during trading on Tuesday . The stock traded as high as C$1.31 and last traded at C$1.29. Approximately 231,750 shares traded hands during trading, a decline of 85% from the average daily volume of 1,597,252 shares. The stock had previously closed at C$1.15.

Blackrock Silver Trading Up 17.4%

The company has a 50 day moving average of C$1.61 and a 200-day moving average of C$1.15. The stock has a market cap of C$490.55 million, a price-to-earnings ratio of -19.29 and a beta of 3.20. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.14 and a current ratio of 12.66.

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. 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.