Insider Buying: Blackrock Silver Corp. (CVE:BRC) Insider Acquires C$348,800.00 in Stock

Blackrock Silver Corp. (CVE:BRC) insider 2176423 Ontario Ltd. acquired 1,000,000 shares of the business’s stock in a transaction dated Monday, February 10th. The shares were bought at an average cost of C$0.35 per share, for a total transaction of C$348,800.00.

Blackrock Silver Price Performance

BRC stock opened at C$0.39 on Friday. The stock has a market capitalization of C$109.45 million, a PE ratio of -16.97 and a beta of 3.19. The company’s 50-day moving average is C$0.38 and its 200-day moving average is C$0.37. The company has a debt-to-equity ratio of 0.45, a current ratio of 8.57 and a quick ratio of 3.14. Blackrock Silver Corp. has a 1 year low of C$0.21 and a 1 year high of C$0.58.

Wall Street Analyst Weigh In

Separately, Raymond James set a C$1.00 price objective on shares of Blackrock Silver and gave the stock an “outperform” rating in a research report on Tuesday, November 26th.

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.