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

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

Blackrock Silver Stock Performance

CVE:BRC opened at C$0.36 on Thursday. Blackrock Silver Corp. has a fifty-two week low of C$0.21 and a fifty-two week high of C$0.58. 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 company has a 50 day moving average price of C$0.38 and a 200 day moving average price of C$0.37. The stock has a market capitalization of C$98.06 million, a P/E ratio of -18.00 and a beta of 3.19.

Analyst Upgrades and Downgrades

Separately, Raymond James set a C$1.00 target price on shares of Blackrock Silver and gave the company 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.