Blackrock Silver (CVE:BRC) Upgraded by Raymond James to “Moderate Buy” Rating

Blackrock Silver (CVE:BRC) was upgraded by stock analysts at Raymond James to a “moderate buy” rating in a note issued to investors on Monday,Zacks.com reports.

Blackrock Silver Price Performance

Shares of CVE BRC opened at C$0.39 on Monday. The company has a current ratio of 8.57, a quick ratio of 3.14 and a debt-to-equity ratio of 0.45. Blackrock Silver has a 12 month low of C$0.19 and a 12 month high of C$0.58. The firm has a market capitalization of C$106.23 million, a price-to-earnings ratio of -19.50 and a beta of 3.19. The business has a 50-day moving average of C$0.42 and a 200-day moving average of C$0.33.

Blackrock Silver (CVE:BRC) last issued its earnings results on Friday, September 27th. The company reported C($0.01) EPS for the quarter.

Insider Activity at Blackrock Silver

In other Blackrock Silver news, Director Antony Wood sold 125,000 shares of the business’s stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of C$0.36, for a total value of C$45,025.00. Also, Senior Officer Amit Kumar sold 175,000 shares of the firm’s stock in a transaction on Tuesday, October 8th. The shares were sold at an average price of C$0.36, for a total value of C$62,125.00. Insiders have sold 573,800 shares of company stock worth $209,141 over the last 90 days. 17.84% of the stock is owned by company insiders.

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.