Blackrock Silver (BRC) AI Stock Analysis

• Market Cap: C$97.80M
• Dividend Yield: N/A
• Average Volume (3M): 811.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.21
• Revenue Growth: N/A
• EPS Growth: -100.71%
• Country: CA
• Employees: 2
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Other Precious Metals
• EPS (TTM): -0.06
• Shares Outstanding: 315,478,400
• 10 Day Avg. Volume: 1,367,002
• 30 Day Avg. Volume: 811,798
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$1.00
• Price Target Upside: 233.33% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

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.

Blackrock Silver Business Overview & Revenue Model

Company Description

Blackrock Silver Corp. engages in the acquisition, exploration, and development of mineral properties located in the United States. It primarily explores for gold and silver deposits. The company's flagship property is the Tonopah West silver-gold project that consists of 100 patented and 279 unpatented claims covering approximately 25.5 square kilometers located in the Walker Lane trend of western Nevada. It also holds interest in the Silver Cloud project that consists of 572 mining claims covering an area of approximately 45 square kilometers located in Elko, Nevada. The company was formerly known as Blackrock Gold Corp. and changed its name to Blackrock Silver Corp. in March 2021. Blackrock Silver Corp. was incorporated in 1999 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Blackrock Silver makes money through the exploration and potential future development of its mineral properties. The company's revenue model is primarily based on the discovery and delineation of economically viable mineral resources, which can then be monetized through direct mining operations, joint ventures, or selling the assets to larger mining companies. Key revenue streams include the sale of extracted precious metals, such as silver and gold, and potential income from partnerships or royalties from joint ventures with other mining entities. While the company may not yet generate significant revenue from active mining, its focus on increasing resource estimates and advancing projects towards production positions it for future earnings growth. Significant factors contributing to its potential earnings include successful exploration results, favorable commodity prices, and strategic collaborations with industry partners.

Blackrock Silver Financial Statement Overview

Summary

Blackrock Silver's financial health is strained by consistent operational losses and the absence of revenue. While the company has a solid equity position with minimal debt, the negative cash flows and dependence on external funding indicate sustainability challenges.

Income Statement

Blackrock Silver's income statement reveals a consistent lack of revenue over the years, with increasing net losses highlighted in the TTM (Trailing-Twelve-Months) period. Negative EBIT and EBITDA margins indicate significant operational challenges, and the absence of revenue growth is a major concern. The company's gross losses further emphasize the need for a strategic shift to generate income.

Balance Sheet

The balance sheet shows a strong equity position with a high equity ratio and minimal debt, suggesting financial stability in terms of leverage. However, consistent net losses have eroded shareholder equity over the years, which is a potential risk if not addressed. The company has managed to maintain a positive cash position, but the lack of revenue generation could strain resources over time.

Cash Flow

Cash flow analysis indicates negative free cash flow and operating cash flow, reflecting ongoing challenges in generating positive cash from operations. Despite successful capital raising efforts, indicated by positive financing cash flows, reliance on external funding may not be sustainable long-term. The lack of free cash flow growth and poor operating cash flow to net income ratios highlight the need for operational improvements.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	-46.99K	-37.05K	-22.84K	-4.91K
	EBIT
-11.76M	-5.98M	-17.60M	-28.18M	-11.60M
	EBITDA
-11.71M	-5.93M	-17.88M	-28.09M	-11.68M
	Net Income Common Stockholders
-11.76M	-6.00M	-17.52M	-28.06M	-11.75M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
9.40M	656.18K	3.65M	8.54M	6.59M
	Total Assets
17.25M	6.60M	8.45M	11.44M	8.47M
	Total Debt
69.95K	0.00	0.00	0.00	0.00
	Net Debt
-9.33M	-656.18K	-3.65M	-8.54M	-6.59M
	Total Liabilities
1.48M	384.00K	1.03M	1.50M	1.51M
	Stockholders Equity
15.77M	6.22M	7.42M	9.94M	6.95M
Cash Flow		Free Cash Flow
-10.26M	-7.61M	-18.91M	-25.73M	-7.78M
	Operating Cash Flow
-10.21M	-6.45M	-17.47M	-24.65M	-6.99M
	Investing Cash Flow
-1.79M	-1.05M	-1.44M	-1.07M	-788.94K
	Financing Cash Flow
20.92M	4.49M	14.27M	27.45M	13.47M

Blackrock Silver Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BRC, the sentiment is Negative. The current price of 0.3 is below the 20-day moving average (MA) of 0.34, below the 50-day MA of 0.34, and below the 200-day MA of 0.36, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 36.64 is Neutral, neither overbought nor oversold. The STOCH value of 5.88 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:BRC.

Blackrock Silver Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SM	50 Neutral	C$67.50M	―	-15.96%	―	―	95.16%
Sector *	49 Neutral	$1.96B	-1.23	-21.20%	3.72%	0.95%	-28.96%
BRC	47 Neutral	C$97.80M	―	-88.96%	―	―	-100.71%
SLVR	47 Neutral	C$143.68M	―	-4.77%	―	―	-18.89%
DEF	45 Neutral	C$72.68M	―	-6.96%	―	―	-21.74%
CKG	38 Underperform	C$66.34M	―	-1.72%	―	―	54.11%
OCG	37 Underperform	C$82.76M	―	-86.62%	―	―	-11.20%

Blackrock Silver Corporate Events

Blackrock Silver Files Amended Technical Report for Tonopah West Project

Blackrock Silver Corp. has filed an amended technical report for its Tonopah West silver-gold project in Nevada, following a review by the British Columbia Securities Commission. The report addresses compliance issues with National Instrument 43-101 standards, including the addition of cautionary language and updates to sections on market studies, contracts, and capital costs. The mineral resource estimate and preliminary economic assessment results remain unchanged, ensuring continued transparency and regulatory compliance for stakeholders.

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.

Blackrock Silver Expands High-Grade Zone at Tonopah West

Blackrock Silver Corp. announced successful results from its reverse circulation Scout Drilling Program at the Tonopah West project, revealing significant gold and silver mineralization. The drilling extended the Merten vein system by 1,200 meters to the east, potentially expanding the DPB resource and enhancing the project’s scale. This discovery could significantly impact the company’s operations by increasing the high-grade tonnage potential and further solidifying its position in the mining sector.

Blackrock Silver’s Promising Results Boost Tonopah West’s Potential

Blackrock Silver Corp. has announced promising results from its Resource Expansion Program at the Tonopah West project, revealing significant high-grade silver and gold intercepts. The exploration, which targets a 1-kilometre vein corridor, could potentially increase resources by 30 to 50%, enhancing the project’s economic assessment and strengthening the company’s position in the mining sector.

Blackrock Silver Reports High-Grade Drill Results at Tonopah West

Blackrock Silver Corp has announced promising results from its M&I Conversion Drill program at the Tonopah West project, highlighting high-grade silver and gold intercepts. The ongoing drilling aims to enhance the company’s resource base, with significant drilling results already exceeding expectations and reinforcing the potential for early production. This development is crucial for Blackrock Silver’s operational strategy and could positively impact its market position in the mining sector.

Blackrock Silver Advances Tonopah West Project with Key Permits

Blackrock Silver Corp. has engaged Westland Engineering and Environmental Services to secure permits for underground development and test mining at its Tonopah West project. This initiative is a strategic step towards becoming a leading silver producer in the U.S., with plans to fast-track permits, expand drilling, and update their economic assessments to maximize the project’s potential.