Raymond James Comments on CVE:BRC FY2024 Earnings

Blackrock Silver Corp. (CVE:BRC) – Analysts at Raymond James issued their FY2024 EPS estimates for shares of Blackrock Silver in a research report issued on Monday, November 25th. Raymond James analyst C. Stanley forecasts that the company will earn ($0.04) per share for the year. Raymond James has a “Moderate Buy” rating on the stock. Raymond James also issued estimates for Blackrock Silver’s Q4 2024 earnings at ($0.02) EPS, Q1 2025 earnings at ($0.01) EPS, Q2 2025 earnings at ($0.01) EPS, Q3 2025 earnings at ($1.00) EPS, Q4 2025 earnings at ($0.01) EPS, FY2025 earnings at ($0.05) EPS, FY2026 earnings at ($0.04) EPS and FY2027 earnings at ($0.02) EPS.

Blackrock Silver Price Performance

Shares of CVE BRC opened at C$0.42 on Thursday. The stock’s 50-day simple moving average is C$0.42 and its two-hundred day simple moving average is C$0.33. Blackrock Silver has a twelve month low of C$0.19 and a twelve month high of C$0.58. The firm has a market capitalization of C$114.40 million, a P/E ratio of -20.50 and a beta of 3.19. 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) last released its quarterly earnings results on Friday, September 27th. The company reported C($0.01) earnings per share for the quarter.

Insider Transactions at Blackrock Silver

In other Blackrock Silver news, Director Antony Wood sold 125,000 shares of the firm’s stock in a transaction dated Wednesday, September 25th. The stock was sold at an average price of C$0.36, for a total transaction of C$45,025.00. Also, Director Andrew Pollard sold 273,800 shares of the company’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of C$0.37, for a total value of C$101,990.50. Over the last 90 days, insiders sold 573,800 shares of company stock valued at $209,141. 17.84% of the stock is 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.