What is Raymond James’ Forecast for CVE:BRC FY2024 Earnings?

Blackrock Silver Corp. (CVE:BRC) – Stock analysts at Raymond James issued their FY2024 earnings estimates for shares of Blackrock Silver in a note issued to investors on Monday, November 25th. Raymond James analyst C. Stanley anticipates that the company will post earnings per share of ($0.04) for the year. Raymond James has a “Moderate Buy” rating on the stock. Raymond James also issued estimates for Blackrock Silver’s Q4 2024 earnings at ($0.02) 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 (CVE:BRC) last released its quarterly earnings results on Friday, September 27th. The company reported C($0.01) EPS for the quarter.

Blackrock Silver Price Performance

Shares of BRC opened at C$0.42 on Thursday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.14 and a current ratio of 8.57. Blackrock Silver has a fifty-two week low of C$0.19 and a fifty-two week high of C$0.58. The firm has a 50-day simple moving average of C$0.42 and a 200-day simple moving average of C$0.33. The company has a market capitalization of C$114.40 million, a price-to-earnings ratio of -21.00 and a beta of 3.19.

Insiders Place Their Bets

In other Blackrock Silver news, Senior Officer Amit Kumar sold 175,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 8th. The stock was sold at an average price of C$0.36, for a total transaction of C$62,125.00. Also, Director Andrew Pollard sold 273,800 shares of the firm’s stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of C$0.37, for a total value of C$101,990.50. In the last ninety days, insiders sold 573,800 shares of company stock valued at $209,141. 17.84% of the stock is owned by company insiders.

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.