Blackrock Silver (CVE:BRC) Shares Up 6.7% - Time to Buy?

Blackrock Silver Corp. (CVE:BRC - Get Free Report) rose 6.7% during trading on Friday . The company traded as high as C$0.49 and last traded at C$0.48. Approximately 568,916 shares changed hands during trading, an increase of 65% from the average daily volume of 344,296 shares. The stock had previously closed at C$0.45.

Blackrock Silver Price Performance

The firm has a market cap of C$138.91 million, a PE ratio of -26.00 and a beta of 3.19. The firm's fifty day simple moving average is C$0.32 and its two-hundred day simple moving average is C$0.31. The company has a quick ratio of 3.14, a current ratio of 8.57 and a debt-to-equity ratio of 0.45.

Blackrock Silver (CVE:BRC - Get Free Report) last released its earnings results on Friday, September 27th. The company reported C($0.01) earnings per share for the quarter.

Insider Buying and Selling at Blackrock Silver

In other Blackrock Silver news, Director Antony Wood sold 125,000 shares of Blackrock Silver stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of C$0.36, for a total value of C$45,025.00. In related news, Senior Officer Amit Kumar sold 175,000 shares of the company's stock in a transaction on Tuesday, October 8th. The shares were sold at an average price of C$0.36, for a total transaction of C$62,125.00. Also, Director Antony Wood sold 125,000 shares of the stock in a transaction 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 a total of 573,800 shares of company stock valued at $209,141 in the last three months. 17.84% of the stock is currently owned by corporate insiders.

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.