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Blackrock Silver ( (TSE:BRC) ) has provided an update.
Blackrock Silver Corp. has announced alternative arrangements for its upcoming annual general meeting due to a nationwide postal strike in Canada. The company is providing electronic access to meeting materials and encouraging shareholders to vote their shares online or via telephone to ensure participation despite the postal disruptions.
The most recent analyst rating on (TSE:BRC) stock is a Buy with a C$1.40 price target. To see the full list of analyst forecasts on Blackrock Silver stock, see the TSE:BRC Stock Forecast page.
Spark’s Take on TSE:BRC Stock
According to Spark, TipRanks’ AI Analyst, TSE:BRC is a Neutral.
Blackrock Silver faces significant financial challenges, with ongoing losses and negative cash flows. However, its minimal debt and positive developments in the Tonopah West project provide some optimism. The technical indicators are neutral, and valuation metrics are unfavorable. Strategic improvements and successful project developments are crucial for future growth.
To see Spark’s full report on TSE:BRC stock, click here.
More about Blackrock Silver
Blackrock Silver Corp. operates in the mining industry, focusing primarily on silver exploration and development. The company is listed on multiple exchanges, including TSXV, OTCQX, and FSE, and is committed to advancing its projects to meet market demands.
Average Trading Volume: 1,366,306
Technical Sentiment Signal: Buy
Current Market Cap: C$255.6M
For a thorough assessment of BRC stock, go to TipRanks’ Stock Analysis page.