Blackrock Silver (BRC) AI Stock Analysis

• Market Cap: C$432.57M
• Dividend Yield: N/A
• Average Volume (3M): 2.10M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.68
• Revenue Growth: N/A
• EPS Growth: -198.87%
• Country: CA
• Employees: 2
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): -0.01
• Shares Outstanding: 335,324,980
• 10 Day Avg. Volume: 1,409,242
• 30 Day Avg. Volume: 2,100,614
• PEG Ratio: -0.15
• Price to Book (P/B): 6.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.17
• 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$1.40
• Price Target Upside: 13.82% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: ―

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.

Positive Factors

Project Expansion

The expansion of the high-grade zone at Tonopah West enhances resource potential, strengthening Blackrock Silver's market position and future revenue prospects.

Regulatory Compliance

Compliance with National Instrument 43-101 standards ensures transparency and regulatory adherence, which is crucial for stakeholder confidence and long-term project viability.

Resource Expansion

Significant high-grade silver and gold intercepts could increase resources by 30-50%, boosting economic assessments and strengthening Blackrock Silver's competitive edge.

Negative Factors

Negative Cash Flow

Ongoing negative cash flows indicate challenges in generating positive cash from operations, threatening long-term sustainability without operational improvements.

Operational Losses

Persistent operational losses and lack of revenue highlight significant challenges, necessitating strategic shifts to achieve profitability and financial health.

Dependence on External Funding

Dependence on external funding due to negative cash flows poses risks to financial stability, as it may not be sustainable without achieving operational cash generation.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-46.94K	-64.35K	-46.99K	-37.05K	-22.84K	-4.91K
EBITDA	-22.61M	-11.71M	-5.93M	-17.46M	-28.09M	-11.68M
Net Income	-23.38M	-11.76M	-6.00M	-17.51M	-28.02M	-11.70M
Balance Sheet
Total Assets	15.39M	17.25M	6.60M	8.45M	11.44M	8.47M
Cash, Cash Equivalents and Short-Term Investments	7.13M	9.40M	656.18K	3.65M	8.54M	6.59M
Total Debt	50.12K	69.95K	0.00	0.00	0.00	0.00
Total Liabilities	1.28M	1.48M	384.00K	1.03M	1.50M	1.51M
Stockholders Equity	14.11M	15.77M	6.22M	7.42M	9.94M	6.95M
Cash Flow
Free Cash Flow	-22.04M	-10.26M	-7.61M	-18.91M	-25.73M	-7.78M
Operating Cash Flow	-23.24M	-10.21M	-6.45M	-17.47M	-24.65M	-6.99M
Investing Cash Flow	-283.19K	-1.79M	-1.05M	-1.44M	-1.07M	-788.94K
Financing Cash Flow	20.21M	20.92M	4.49M	14.27M	27.45M	13.47M

Blackrock Silver Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.23
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BRC, the sentiment is Positive. The current price of 1.23 is above the 20-day moving average (MA) of 1.13, above the 50-day MA of 0.87, and above the 200-day MA of 0.62, indicating a bullish trend. The MACD of 0.14 indicates Positive momentum. The RSI at 60.09 is Neutral, neither overbought nor oversold. The STOCH value of 41.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BRC.

Blackrock Silver Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SM	65 Neutral	C$261.65M	329.31	2.04%	―	694.29%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SSV	61 Neutral	C$320.66M	-32.50	-19.63%	―	―	-34.83%
SLVR	57 Neutral	C$465.69M	-82.88	-4.86%	―	―	-14.43%
ORV	51 Neutral	C$280.08M	-15.93	-24.86%	―	12.51%	-150.40%
CAPT	48 Neutral	C$282.53M	-160.58	-6.80%	―	―	14.37%
BRC	47 Neutral	C$432.57M	-15.47	-151.33%	―	―	-198.87%

Blackrock Silver Corporate Events

Blackrock Silver Secures C$15 Million Strategic Financing to Advance Tonopah West

Blackrock Silver Corp. has arranged a non-brokered private placement of up to C$15 million through the issuance of 13,636,363 units at C$1.10 each, with each unit comprising one common share and half a warrant exercisable at C$1.50 for two years. The financing, expected to be taken up almost entirely by two cornerstone investors including an existing major shareholder and a new strategic backer, will fund exploration, permitting and pre-development work at the flagship Tonopah West project and bolster working capital, potentially accelerating project advancement and strengthening the company’s financial position and market profile within the emerging American silver developer space.

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.

Blackrock Silver Unveils Promising Drill Results at Tonopah West

Blackrock Silver Corp. announced the final results of its Eastern Expansion Drill Program at the Tonopah West project, revealing the identification of several mineralized northwest structures within a 1.2-kilometer trend. The drilling program, which aimed to expand the resource area, successfully identified high-grade mineralization and confirmed the presence of multiple parallel mineralized zones. These findings suggest significant potential for further expansion and will be incorporated into an updated mineral resource estimate and preliminary economic assessment, expected to be completed by February 2026.

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.

Blackrock Silver Corp. Reports Successful AGM Outcomes and Leadership Appointments

Blackrock Silver Corp. announced the successful approval of all resolutions at its Annual General Meeting, including the election of directors, appointment of auditors, and confirmation of the Omnibus Equity Incentive Compensation Plan. The meeting also resulted in the appointment of key officers, including Andrew Pollard as President and CEO, which positions the company for continued growth and strategic development in the precious metals sector.

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.

Blackrock Silver Reports Promising Drill Results at Tonopah West

Blackrock Silver Corp. announced promising results from its Eastern Expansion Drill Program at the Tonopah West project in Nevada. The program revealed high-grade silver and gold intercepts, with significant potential to expand the DPB South resource area by 1,200 metres. These findings suggest a substantial increase in tonnage potential, which could enhance the company’s mineral resource base and strengthen its position in the mining industry.

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.

Blackrock Silver Advances Tonopah West Project with New Programs

Blackrock Silver Corp. has announced the commencement of Phase 2 of its hydrology program, geotechnical evaluation, and seismic survey at the Tonopah West project in Nevada. These initiatives aim to advance the project towards permitting an exploration decline for test mining and bulk sampling. The integration of hydrologic, geotechnical, and seismic data is part of the company’s strategy to de-risk and optimize the project for underground development, with an updated preliminary economic assessment expected in Q1 2026.

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.

Blackrock Silver Files Technical Report for Tonopah West Project

Blackrock Silver Corp. has announced the filing of an independent technical report for its Tonopah West silver-gold project in Nevada. This report, which aligns with Canadian mining standards, confirms the details shared in a previous announcement about the project’s updated mineral resource estimate. The filing is a significant step in the company’s ongoing efforts to develop its precious metal assets and could positively impact its market positioning by reinforcing its resource estimates.

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.

Blackrock Silver Adapts AGM Plans Amid Postal Strike

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.