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Blackrock Silver ( (TSE:BRC) ) has shared an update.
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.
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.
More about Blackrock Silver
Blackrock Silver Corp. is a junior precious metal exploration and development company focused on adding shareholder value through its gold and silver assets. The company is supported by an experienced Board of Directors and is primarily engaged in exploration activities.
Average Trading Volume: 1,452,161
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$225.7M
Learn more about BRC stock on TipRanks’ Stock Analysis page.