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Blackrock Silver ( (TSE:BRC) ) just unveiled an announcement.
Blackrock Silver Corp., an emerging primary silver developer focused on its high-grade Tonopah West Project in Nevada, operates in one of the world’s top mining jurisdictions and is led by a seasoned team experienced in building major precious metals mines. The company targets creating a secure, high-margin domestic supply of silver and gold for the market.
The company has granted a total of 56,736 deferred share units to certain newly appointed directors under its Omnibus Equity Incentive Compensation Plan, with each unit convertible into one common share upon settlement. These deferred share units will fully vest one year from the grant date and are designed to align director compensation with long-term shareholder interests, settling when the recipients conclude their service with Blackrock Silver.
The most recent analyst rating on (TSE:BRC) stock is a Sell with a C$1.50 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 BRC Stock
According to Spark, TipRanks’ AI Analyst, BRC is a Neutral.
The score is driven primarily by weak financial fundamentals (pre-revenue, ongoing losses, and heavy cash burn) despite low debt. Technicals also weigh on the score due to a bearish trend and negative momentum indicators, while valuation is hard to support with a negative P/E and no dividend yield.
To see Spark’s full report on BRC stock, click here.
More about Blackrock Silver
Blackrock Silver Corp. is an American-focused emerging primary silver developer advancing the high-grade Tonopah West Project in Nevada, a region known as the historic “Queen of the Silver Camps.” The company is supported by an experienced board and technical team with a track record of discovering, financing, and building major precious metals mines, and aims to establish a secure, high-margin domestic supply of silver and gold.
Average Trading Volume: 1,625,407
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$517.8M
For an in-depth examination of BRC stock, go to TipRanks’ Overview page.