Blackrock Silver (CVE:BRC) Trading Down 3.7% - Here's Why

Blackrock Silver Corp. (CVE:BRC - Get Free Report)'s stock price was down 3.7% during trading on Thursday . The stock traded as low as C$0.39 and last traded at C$0.40. Approximately 19,900 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 165,714 shares. The stock had previously closed at C$0.41.

Analyst Ratings Changes

Separately, Raymond James set a C$1.00 price objective on Blackrock Silver and gave the stock an "outperform" rating in a research report on Tuesday, November 26th.

Blackrock Silver Stock Down 11.3 %

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$96.69 million, a PE ratio of -17.75 and a beta of 3.19. The business's 50 day simple moving average is C$0.40 and its 200 day simple moving average is C$0.36.

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.