Bear Creek Mining (CVE:BCM) Trading Down 0.8%

Bear Creek Mining Co. (CVE:BCM) shares were down 0.8% on Thursday . The stock traded as low as C$1.21 and last traded at C$1.24. Approximately 50,300 shares were traded during trading, a decline of 16% from the average daily volume of 60,023 shares. The stock had previously closed at C$1.25.

Several equities research analysts recently weighed in on BCM shares. BMO Capital Markets cut their price objective on shares of Bear Creek Mining from C$3.30 to C$3.10 in a research report on Thursday, September 30th. Raymond James dropped their target price on shares of Bear Creek Mining from C$4.50 to C$3.35 and set an “outperform” rating for the company in a report on Tuesday, December 21st.

The stock has a market cap of C$149.13 million and a P/E ratio of -5.88. The company has a debt-to-equity ratio of 0.18, a current ratio of 13.57 and a quick ratio of 13.57. The business’s fifty day moving average price is C$1.36 and its 200 day moving average price is C$1.38.

Bear Creek Mining (CVE:BCM) last released its quarterly earnings data on Friday, November 19th. The company reported C($0.04) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of C($0.04). On average, analysts predict that Bear Creek Mining Co. will post 0.03 earnings per share for the current fiscal year.

In other news, Director Catherine Mcleod-Seltzer bought 28,000 shares of the firm’s stock in a transaction on Tuesday, December 21st. The stock was acquired at an average price of C$1.23 per share, with a total value of C$34,440.00. Following the transaction, the director now owns 1,327,895 shares of the company’s stock, valued at approximately C$1,633,310.85.

About Bear Creek Mining (CVE:BCM)

Bear Creek Mining Corporation engages in the acquisition, exploration, and development of precious and base metal properties in Peru. The company explores for silver, lead, zinc, and gold deposits. Its flagship property is the Corani property that consists of twelve mineral concessions covering an area of approximately 6,000 hectares located to the southeast of Cusco, Peru.

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