Blackrock Silver (CVE:BRC) Given a C$1.00 Price Target at Raymond James

Raymond James set a C$1.00 price target on Blackrock Silver (CVE:BRC) in a report released on Tuesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Blackrock Silver Price Performance

CVE:BRC opened at C$0.39 on Tuesday. Blackrock Silver has a 52-week low of C$0.19 and a 52-week high of C$0.58. The company has a market cap of C$106.23 million, a P/E ratio of -19.50 and a beta of 3.19. 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 stock’s 50-day simple moving average is C$0.42 and its 200 day simple moving average is C$0.33.

Blackrock Silver (CVE:BRC) last posted its quarterly earnings results on Friday, September 27th. The company reported C($0.01) earnings per share for the quarter.

Insiders Place Their Bets

In related news, Director Andrew Pollard sold 273,800 shares of the stock in a transaction on Friday, October 4th. The stock was sold at an average price of C$0.37, for a total value of C$101,990.50. Also, Director Antony Wood sold 125,000 shares of Blackrock Silver stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of C$0.36, for a total transaction of C$45,025.00. Over the last three months, insiders have sold 573,800 shares of company stock valued at $209,141. 17.84% of the stock is currently owned by corporate 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.