Blackrock Silver (CVE:BRC) Shares Down 3% – What’s Next?

Blackrock Silver Corp. (CVE:BRC)’s share price dropped 3% during trading on Monday . The company traded as low as C$1.31 and last traded at C$1.31. Approximately 191,952 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 1,596,070 shares. The stock had previously closed at C$1.35.

Blackrock Silver Price Performance

The company has a quick ratio of 3.14, a current ratio of 12.66 and a debt-to-equity ratio of 0.12. The firm has a market cap of C$481.09 million, a PE ratio of -21.83 and a beta of 3.52. The stock has a 50 day moving average price of C$1.58 and a two-hundred day moving average price of C$1.17.

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.