Blackrock Silver (CVE:BRC) Hits New 52-Week High – Should You Buy?

Blackrock Silver Corp. (CVE:BRC) reached a new 52-week high on Monday . The company traded as high as C$1.50 and last traded at C$1.47, with a volume of 2038596 shares trading hands. The stock had previously closed at C$1.36.

Blackrock Silver Price Performance

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 business has a fifty day moving average price of C$0.95 and a 200 day moving average price of C$0.77. The company has a market cap of C$484.60 million, a price-to-earnings ratio of -18.25 and a beta of 2.75.

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.