Blackrock Silver (CVE:BRC) PT Set at C$1.00 by Raymond James

Raymond James set a C$1.00 price target on Blackrock Silver (CVE:BRC) in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Blackrock Silver Price Performance

CVE:BRC opened at C$0.39 on Tuesday. Blackrock Silver has a 52 week low of C$0.19 and a 52 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 firm’s 50-day simple moving average is C$0.42 and its 200 day simple moving average is C$0.33. The firm has a market cap of C$106.23 million, a price-to-earnings ratio of -19.50 and a beta of 3.19.

Blackrock Silver (CVE:BRC) last announced its earnings results on Friday, September 27th. The company reported C($0.01) EPS for the quarter.

Insider Buying and Selling at Blackrock Silver

In other Blackrock Silver news, Director Andrew Pollard sold 273,800 shares of the stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$0.37, for a total transaction of C$101,990.50. Also, Director Antony Wood sold 125,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 25th. The shares were sold at an average price of C$0.36, for a total transaction of C$45,025.00. Insiders sold 573,800 shares of company stock valued at $209,141 in the last three months. Corporate insiders own 17.84% of the company’s stock.

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.