Blackrock Silver (CVE:BRC) Trading 5.8% Higher – Here’s Why

Blackrock Silver Corp. (CVE:BRC)’s share price was up 5.8% during trading on Wednesday . The stock traded as high as C$0.93 and last traded at C$0.91. Approximately 1,422,492 shares traded hands during mid-day trading, an increase of 57% from the average daily volume of 903,471 shares. The stock had previously closed at C$0.86.

Blackrock Silver Trading Up 5.8%

The company has a market cap of C$302.04 million, a price-to-earnings ratio of -11.38 and a beta of 2.50. The company has a quick ratio of 3.14, a current ratio of 8.57 and a debt-to-equity ratio of 0.45. The business’s fifty day simple moving average is C$0.73 and its two-hundred day simple moving average is C$0.66.

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.