Blackrock Silver (CVE:BRC) Reaches New 1-Year High – Here’s What Happened

Blackrock Silver Corp. (CVE:BRC) shares reached a new 52-week high on Monday . The stock traded as high as C$1.94 and last traded at C$1.91, with a volume of 599159 shares changing hands. The stock had previously closed at C$1.77.

Blackrock Silver Stock Down 10.6%

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 company has a market cap of C$525.24 million, a PE ratio of -19.00 and a beta of 2.75. The company’s fifty day moving average is C$1.15 and its 200-day moving average is C$0.85.

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. It also holds 100% interest in the Silver Cloud project comprising 572 unpatented lode mining claims covering an area of 46.9 square kilometers located in Northern Nevada Rift, Nevada.