Blackrock Silver Corp.

DB:AHZ0 Stock Report

Market Cap: €73.1m

Blackrock Silver Valuation

Is AHZ0 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AHZ0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate AHZ0's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate AHZ0's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AHZ0?

Key metric: As AHZ0 is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for AHZ0. This is calculated by dividing AHZ0's market cap by their current book value.
What is AHZ0's PB Ratio?
PB Ratio6.4x
BookCA$16.78m
Market CapCA$107.69m

Price to Book Ratio vs Peers

How does AHZ0's PB Ratio compare to its peers?

The above table shows the PB ratio for AHZ0 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average27.7x
M0LY Greenland Resources
45.3xn/a€69.4m
W2C IberAmerican Lithium
27.6xn/a€821.3k
PNX Pasinex Resources
35.8xn/a€1.4m
EIS Eisen- und Hüttenwerke
2.1xn/a€202.4m
AHZ0 Blackrock Silver
6.4x-9.6%€107.7m

Price-To-Book vs Peers: AHZ0 is good value based on its Price-To-Book Ratio (6.4x) compared to the peer average (27.7x).

Price to Book Ratio vs Industry

How does AHZ0's PB Ratio compare vs other companies in the European Metals and Mining Industry?

23 CompaniesPrice / BookEstimated GrowthMarket Cap
AHZ0 6.4xIndustry Avg. 0.9xNo. of Companies28PB00.61.21.82.43+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: AHZ0 is expensive based on its Price-To-Book Ratio (6.4x) compared to the European Metals and Mining industry average (0.9x).

Price to Book Ratio vs Fair Ratio

What is AHZ0's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AHZ0 PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio6.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate AHZ0's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AHZ0 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.26
€0.66
+153.5%
21.3%€0.88€0.51n/a4
Nov ’25€0.29
€0.64
+120.4%
24.7%€0.86€0.50n/a3
Oct ’25€0.25
€0.60
+142.9%
31.8%€0.87€0.43n/a3
Sep ’25€0.16
€0.59
+260.8%
27.6%€0.82€0.44n/a3
Aug ’25€0.17
€0.59
+248.1%
27.6%€0.82€0.44n/a3
Jul ’25€0.16
€0.59
+265.3%
27.6%€0.82€0.44n/a3
Jun ’25€0.20
€0.54
+164.7%
29.6%€0.81€0.40n/a4
May ’25€0.21
€0.58
+173.6%
37.9%€0.96€0.41n/a4
Apr ’25€0.15
€0.58
+275.7%
37.9%€0.95€0.41n/a4
Mar ’25€0.14
€0.59
+320.9%
37.0%€0.96€0.41n/a4
Feb ’25€0.14
€0.65
+354.2%
34.1%€0.96€0.45n/a3
Jan ’25€0.19
€0.68
+251.5%
41.0%€1.07€0.44n/a3
Dec ’24€0.28
€0.68
+145.3%
41.0%€1.07€0.44n/a3
Nov ’24€0.17
€0.75
+338.0%
32.4%€1.10€0.55€0.293
Oct ’24€0.17
€0.78
+343.0%
32.4%€1.13€0.56€0.253
Sep ’24€0.19
€0.59
+205.0%
5.9%€0.62€0.55€0.162
Aug ’24€0.27
€0.59
+116.9%
5.9%€0.62€0.55€0.172
Jul ’24€0.19
€0.77
+298.8%
32.4%€1.11€0.56€0.163
Jun ’24€0.19
€0.81
+318.4%
33.3%€1.08€0.54€0.202
May ’24€0.22
€0.81
+273.8%
33.3%€1.08€0.54€0.212
Apr ’24€0.24
€0.83
+250.6%
29.1%€1.11€0.52€0.153
Mar ’24€0.27
€0.83
+206.8%
29.1%€1.11€0.52€0.143
Feb ’24€0.35
€0.82
+134.4%
31.3%€1.10€0.48€0.143
Jan ’24€0.34
€0.83
+142.7%
31.3%€1.12€0.49€0.193
Dec ’23€0.37
€0.86
+132.1%
30.2%€1.15€0.52€0.283
Nov ’23€0.35
€0.86
+146.7%
30.2%€1.15€0.52€0.173

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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