2176423 Ontario Ltd. Acquires 1,000,000 Shares of Blackrock Silver Corp. (CVE:BRC) Stock

Blackrock Silver Corp. (CVE:BRC) insider 2176423 Ontario Ltd. bought 1,000,000 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was acquired at an average price of C$0.35 per share, for a total transaction of C$348,800.00.

Blackrock Silver Trading Up 6.9 %

CVE:BRC opened at C$0.39 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.14 and a current ratio of 8.57. The firm has a market cap of C$109.45 million, a price-to-earnings ratio of -16.97 and a beta of 3.19. Blackrock Silver Corp. has a 52 week low of C$0.21 and a 52 week high of C$0.58. The firm has a 50-day moving average price of C$0.38 and a two-hundred day moving average price of C$0.37.

Analyst Upgrades and Downgrades

Separately, Raymond James set a C$1.00 target price on shares of Blackrock Silver and gave the stock an “outperform” rating in a 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.