Blackrock Silver (CVE:BRC) Stock Price Down 3.7% – Here’s What Happened

Shares of Blackrock Silver Corp. (CVE:BRC) dropped 3.7% on Thursday . The stock traded as low as C$0.39 and last traded at C$0.40. Approximately 19,900 shares were traded during trading, a decline of 88% from the average daily volume of 165,714 shares. The stock had previously closed at C$0.41.

Analyst Upgrades and Downgrades

Separately, Raymond James set a C$1.00 price target on shares of Blackrock Silver and gave the company an “outperform” rating in a report on Tuesday, November 26th.

Blackrock Silver Trading Down 11.3 %

The stock has a 50-day moving average price of C$0.40 and a two-hundred day moving average price of C$0.36. The stock has a market capitalization of C$96.69 million, a P/E ratio of -17.75 and a beta of 3.19. The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.14 and a current ratio of 8.57.

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.