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Blackrock Silver
(BRC)
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Rating:43Neutral
Price Target:
C$0.89
▼(-31.69% Downside)
Action:Reiterated
Date:06/29/26
The score is held down primarily by weak financial performance (no revenue, ongoing sizable losses, and persistent cash burn), which outweighs the benefit of low leverage. Technicals add further pressure with the stock below major moving averages and negative momentum readings. Valuation provides limited support because the negative P/E reflects unprofitable operations and there is no dividend yield provided.
Positive Factors
Low Leverage
A near-zero debt load materially reduces refinancing and interest-rate risk for this capital-intensive explorer. That structural flexibility lengthens runway, preserves optionality for project advancement or JV deals, and lowers probability of distress while the company seeks resource milestones.
Negative Factors
Pre-revenue Operations
Being pre-revenue is a fundamental constraint: the business lacks operating cash inflows and depends on external funding to progress projects. Over a multi-month horizon, absence of revenue keeps valuation contingent on exploration success and increases execution risk until commercial production or a transaction occurs.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
A near-zero debt load materially reduces refinancing and interest-rate risk for this capital-intensive explorer. That structural flexibility lengthens runway, preserves optionality for project advancement or JV deals, and lowers probability of distress while the company seeks resource milestones.
Read all positive factors
Blackrock Silver (BRC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$337.86M
Dividend YieldN/A
Average Volume (3M)2.10M
Price to Earnings (P/E)―
Beta (1Y)3.22
Revenue GrowthN/A
EPS Growth27.81%
CountryCA
Employees2
SectorGeneral
Sector StrengthN/A
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.05
Shares Outstanding375,279,330
10 Day Avg. Volume1,409,242
30 Day Avg. Volume2,100,614
Financial Highlights & Ratios
PEG Ratio-0.27
Price to Book (P/B)12.89
Price to Sales (P/S)0.00
P/FCF Ratio-9.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$1.50Price Target Upside15.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.04
Revenue Forecast (FY)N/A
Blackrock Silver Business Overview & Revenue Model
Company Description
Blackrock Silver Corp. focuses its operations in the United States, where it is dedicated to the acquisition, exploration, and development of mineral properties, with a principal objective of discovering gold and silver deposits. Its most signific...
How the Company Makes Money
null...
Blackrock Silver Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Jan 2026 | Jan 2025 | Jan 2024 | Jan 2023 | Jan 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -105.18K | -80.18K | -64.35K | -46.99K | -37.05K | -22.84K |
| EBITDA | -18.43M | -20.90M | -11.71M | -5.93M | -17.46M | -28.09M |
| Net Income | -19.09M | -21.08M | -11.76M | -6.00M | -17.51M | -28.02M |
Balance Sheet | ||||||
| Total Assets | 32.77M | 16.26M | 17.25M | 6.60M | 8.45M | 11.44M |
| Cash, Cash Equivalents and Short-Term Investments | 24.17M | 7.69M | 9.40M | 656.18K | 3.65M | 8.54M |
| Total Debt | 28.88K | 57.05K | 69.95K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.95M | 926.35K | 1.48M | 384.00K | 1.03M | 1.50M |
| Stockholders Equity | 30.82M | 15.33M | 15.77M | 6.22M | 7.42M | 9.94M |
Cash Flow | ||||||
| Free Cash Flow | -17.99M | -21.08M | -10.26M | -7.61M | -18.91M | -25.73M |
| Operating Cash Flow | -17.63M | -20.96M | -10.21M | -6.45M | -17.47M | -24.65M |
| Investing Cash Flow | -548.99K | -746.73K | -1.79M | -1.05M | -1.44M | -1.07M |
| Financing Cash Flow | 32.12M | 20.06M | 20.92M | 4.49M | 14.27M | 27.45M |
Blackrock Silver Technical Analysis
Negative
1.30
Price Trends
1.18
Negative
1.35
Negative
1.16
Negative
Market Momentum
-0.08
Positive
37.58
Neutral
7.71
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 1.3 is above the 20-day moving average (MA) of 1.04, above the 50-day MA of 1.18, and above the 200-day MA of 1.16, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 37.58 is Neutral, neither overbought nor oversold. The STOCH value of 7.71 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | C$297.10M | 22.07 | 19.43% | ― | 154.42% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | C$229.13M | -104.71 | -5.60% | ― | ― | 22.73% | |
47 Neutral | C$207.67M | -75.33 | -4.33% | ― | 32.29% | -179.53% | |
46 Neutral | C$424.16M | -67.54 | -4.59% | ― | ― | -7.48% | |
46 Neutral | C$178.02M | -14.31 | -22.79% | ― | ― | -51.83% | |
43 Neutral | C$337.86M | -16.48 | -105.31% | ― | ― | 27.81% |
* General Sector Average
TSE:BRC
Blackrock Silver
0.89
0.40
79.80%
TSE:SLVR
Silver Tiger Metals
0.77
0.34
79.07%
TSE:ORV
Orvana Minerals
1.51
0.98
184.91%
TSE:SSV
Southern Silver Exploration
0.42
0.19
84.44%
TSE:CAPT
Capitan Silver
1.78
1.00
128.21%
TSE:SM
Sierra Madre Gold & Silver Ltd.
1.40
0.65
86.67%
Blackrock Silver Corporate Events
Executive/Board Changes
Blackrock Silver Grants Deferred Share Units to Newly Appointed Directors
Neutral
Apr 2, 2026
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 precio...
Business Operations and StrategyFinancial Disclosures
Blackrock Silver’s Tonopah West Update Boosts Resources and Economics in Nevada
Positive
Mar 31, 2026
Blackrock Silver has released an updated preliminary economic assessment for its Tonopah West silver-gold project in Nevada, built on a new mineral resource estimate that increases indicated resources by 90% and extends mine life to roughly 11 yea...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.