Blackrock Silver (CVE:BRC) Hits New 52-Week High – Should You Buy?

Blackrock Silver Corp. (CVE:BRCGet Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$1.01 and last traded at C$0.98, with a volume of 1656445 shares. The stock had previously closed at C$0.93.

Blackrock Silver Stock Performance

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 stock’s 50-day moving average is C$0.74 and its 200 day moving average is C$0.66. The stock has a market cap of C$335.23 million, a price-to-earnings ratio of -12.63 and a beta of 2.50.

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.

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