Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
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 significant holding is the Tonopah West silver-gold project, which encompasses approximately 25.5 square kilometers within western Nevada's Walker Lane trend, constituted by 100 patented and 279 unpatented claims. Furthermore, the company holds rights to the Silver Cloud project, an area of roughly 45 square kilometers across 572 mining claims in Elko, Nevada. Incorporated in 1999, the firm changed its name from Blackrock Gold Corp. to Blackrock Silver Corp. in March 2021 and maintains its corporate base in Vancouver, Canada.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers.
Target Price
The average target price of BRC.V is 2.38 and suggests 162% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr