Raymond James Forecasts CVE:BRC FY2024 Earnings

Blackrock Silver Corp. (CVE:BRC) – Raymond James issued their FY2024 earnings per share estimates for 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 currently 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 Stock Performance

Shares of CVE:BRC opened at C$0.42 on Thursday. The company has a current ratio of 8.57, a quick ratio of 3.14 and a debt-to-equity ratio of 0.45. The company has a market cap of C$114.40 million, a price-to-earnings ratio of -20.50 and a beta of 3.19. Blackrock Silver has a 12 month low of C$0.19 and a 12 month high of C$0.58. The company has a 50-day moving average price of C$0.42 and a 200-day moving average price of C$0.33.

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 at Blackrock Silver

In other news, Director Andrew Pollard sold 273,800 shares of Blackrock Silver stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$0.37, for a total transaction of C$101,990.50. Also, Senior Officer Amit Kumar sold 175,000 shares of the business’s stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of C$0.36, for a total transaction of C$62,125.00. Insiders sold 573,800 shares of company stock valued at $209,141 in the last 90 days. Insiders own 17.84% of the company’s stock.

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.