Blackrock Silver (CVE:BRC) Upgraded at Raymond James

Raymond James upgraded shares of Blackrock Silver (CVE:BRC) to a moderate buy rating in a report released on Monday,Zacks.com reports.

Blackrock Silver Price Performance

Shares of CVE:BRC opened at C$0.42 on Monday. Blackrock Silver has a 1-year low of C$0.19 and a 1-year high of C$0.58. The firm has a market capitalization of C$114.40 million, a PE ratio of -20.50 and a beta of 3.19. The business’s 50 day moving average is C$0.42 and its 200-day moving average is C$0.33. The company has a current ratio of 8.57, a quick ratio of 3.14 and a debt-to-equity ratio of 0.45.

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

Insider Buying and Selling

In other news, Director Antony Wood sold 125,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of C$0.36, for a total transaction of C$45,025.00. Also, Director Andrew Pollard sold 273,800 shares of Blackrock Silver 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 transaction of C$101,990.50. Insiders sold 573,800 shares of company stock worth $209,141 in the last quarter. 17.84% of the stock is 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.