Blackrock Silver (CVE:BRC) Hits New 1-Year High – Here’s What Happened

Blackrock Silver Corp. (CVE:BRC) hit a new 52-week high during trading on Friday . The stock traded as high as C$1.01 and last traded at C$0.98, with a volume of 1656445 shares trading hands. The stock had previously closed at C$0.93.

Blackrock Silver Stock Up 8.6%

The company has a debt-to-equity ratio of 0.45, a current ratio of 8.57 and a quick ratio of 3.14. The company has a market capitalization of C$335.23 million, a price-to-earnings ratio of -12.63 and a beta of 2.50. The firm’s 50-day simple moving average is C$0.74 and its two-hundred day simple moving average is C$0.66.

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.