Blackrock Silver Corp. (CVE:BRC – Get Free Report) shares shot up 9.8% on Wednesday . The stock traded as high as C$0.28 and last traded at C$0.28. 135,550 shares changed hands during trading, a decline of 61% from the average session volume of 344,510 shares. The stock had previously closed at C$0.26.
Blackrock Silver Stock Down 5.5 %
The firm has a market cap of C$57.99 million, a price-to-earnings ratio of -8.67 and a beta of 2.66. The firm’s 50 day moving average price is C$0.31 and its two-hundred day moving average price is C$0.28. The company has a debt-to-equity ratio of 0.65, a current ratio of 8.90 and a quick ratio of 3.14.
Insider Transactions at Blackrock Silver
In related news, Director Antony Wood sold 112,500 shares of the stock in a transaction on Monday, May 13th. The stock was sold at an average price of C$0.34, for a total transaction of C$38,250.00. Company insiders own 3.42% of the company’s stock.
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.
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