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Blackrock Silver
(BRC)
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Rating:50Neutral
Price Target:
C$1.50
▲(16.28% Upside)
Action:Reiterated
Date:08/17/26
The score is held back primarily by weak financial performance (no revenue, sizable losses, and sustained negative free cash flow), which outweighs the benefit of low balance-sheet leverage. Technicals are moderately supportive with positive momentum versus short-term averages and a positive MACD, but longer-term trend resistance (below the 200-day average) and a high Stochastic reduce the technical contribution. Valuation is a drag because negative earnings (negative P/E) and no dividend yield provide limited fundamental valuation support.
Positive Factors
Low Financial Leverage
Minimal debt reduces interest and refinancing pressure while preserving financial flexibility. This conservative capital structure limits fixed obligations as the company advances exploration, although it does not eliminate the need for future equity funding.
Negative Factors
Pre-Revenue Business Model
Without production revenue, Blackrock Silver has no operating cash inflow to fund exploration or corporate costs. Its medium-term progress therefore depends on drilling success, project monetization, or continued access to capital markets rather than recurring business income.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Financial Leverage
Minimal debt reduces interest and refinancing pressure while preserving financial flexibility. This conservative capital structure limits fixed obligations as the company advances exploration, although it does not eliminate the need for future equity funding.
Read all positive factors
Blackrock Silver (BRC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$469.12M
Dividend YieldN/A
Average Volume (3M)2.10M
Price to Earnings (P/E)―
Beta (1Y)3.31
Revenue GrowthN/A
EPS Growth27.81%
CountryCA
Employees2
SectorGeneral
Sector StrengthN/A
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.05
Shares Outstanding375,296,000
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$1.80Price Target Upside39.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.05
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
Blackrock Silver is an exploration-stage company and, based on publicly available high-level information, it does not have disclosed recurring operating revenue from mineral production. As a result, its cash inflows are typically funded through ca...
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
Positive
1.29
Price Trends
1.03
Positive
1.13
Positive
1.23
Positive
Market Momentum
0.07
Negative
60.45
Neutral
69.93
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 1.29 is above the 20-day moving average (MA) of 1.16, above the 50-day MA of 1.03, and above the 200-day MA of 1.23, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 60.45 is Neutral, neither overbought nor oversold. The STOCH value of 69.93 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | C$424.41M | 27.90 | 12.84% | ― | 90.57% | ― | |
65 Neutral | C$363.42M | 14.51 | 33.47% | ― | 47.74% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | C$586.56M | -91.30 | -3.50% | ― | ― | 4.13% | |
50 Neutral | C$469.12M | -23.15 | -83.56% | ― | ― | 27.81% | |
48 Neutral | C$263.89M | -109.63 | -5.27% | ― | ― | -36.50% | |
46 Neutral | C$261.13M | -21.72 | -22.79% | ― | ― | -58.38% |
* General Sector Average
TSE:BRC
Blackrock Silver
1.25
0.48
62.34%
TSE:SLVR
Silver Tiger Metals
1.05
0.34
47.89%
TSE:ORV
Orvana Minerals
2.66
2.07
350.85%
TSE:SSV
Southern Silver Exploration
0.63
0.37
137.74%
TSE:CAPT
Capitan Silver
2.05
0.48
30.57%
TSE:SM
Sierra Madre Gold & Silver Ltd.
1.64
0.72
78.26%
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.