Blackrock Silver (CVE:BRC) Shares Down 7% – Time to Sell?

Blackrock Silver Corp. (CVE:BRCGet Free Report) fell 7% on Tuesday . The company traded as low as C$1.17 and last traded at C$1.19. 743,291 shares traded 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 Price Performance

The stock has a market capitalization of C$437.02 million, a price-to-earnings ratio of -19.83 and a beta of 3.57. The company has a 50 day moving average of C$1.33 and a 200 day moving average of C$1.27. The company has a quick ratio of 3.14, a current ratio of 12.66 and a debt-to-equity ratio of 0.12.

About Blackrock Silver

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Blackrock Silver Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Silver and related companies with MarketBeat.com's FREE daily email newsletter.