Blackrock Silver (CVE:BRC) Stock Price Down 4.9% – Should You Sell?

Blackrock Silver Corp. (CVE:BRC)’s stock price was down 4.9% during trading on Friday . The company traded as low as C$0.39 and last traded at C$0.39. Approximately 407,416 shares were traded during mid-day trading, an increase of 116% from the average daily volume of 188,264 shares. The stock had previously closed at C$0.41.

Analyst Ratings Changes

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

Blackrock Silver Trading Down 4.9 %

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 firm has a market cap of C$104.87 million, a P/E ratio of -19.25 and a beta of 3.19. The firm’s 50-day simple moving average is C$0.41 and its 200 day simple moving average is C$0.35.

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.