Blackrock Silver (CVE:BRC) Stock Price Down 7% – What’s Next?

Blackrock Silver Corp. (CVE:BRC)’s share price fell 7% during trading on Tuesday . The company traded as low as C$1.17 and last traded at C$1.19. 743,291 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 1,372,048 shares. The stock had previously closed at C$1.28.

Blackrock Silver Stock Down 2.4%

The stock has a fifty day moving average price of C$1.31 and a 200 day moving average price of C$1.28. The company has a debt-to-equity ratio of 0.12, a current ratio of 12.66 and a quick ratio of 3.14. The stock has a market capitalization of C$440.69 million, a P/E ratio of -20.00 and a beta of 3.57.

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. 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.