Blackrock Silver (CVE:BRC) Hits New 1-Year High – What’s Next?

Blackrock Silver Corp. (CVE:BRC)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$1.96 and last traded at C$1.89, with a volume of 1295182 shares changing hands. The stock had previously closed at C$1.85.

Blackrock Silver Trading Up 2.2%

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 stock has a market capitalization of C$653.09 million, a P/E ratio of -23.63 and a beta of 2.75. The company has a 50-day moving average price of C$1.46 and a 200 day moving average price of C$0.99.

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.