Bear Creek Mining (CVE:BCM) Sets New 1-Year High – Here’s Why

Bear Creek Mining Co. (CVE:BCM) reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.96 and last traded at C$0.93, with a volume of 2923756 shares trading hands. The stock had previously closed at C$0.90.

Bear Creek Mining Price Performance

The company’s 50-day simple moving average is C$0.73 and its 200 day simple moving average is C$0.51. The company has a market capitalization of C$354.04 million, a P/E ratio of -3.03, a P/E/G ratio of -0.10 and a beta of 4.64. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 139.58.

About Bear Creek Mining

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. The company holds 100% interest in Corani property that consists of various mineral concessions covering an area of approximately 6,500 hectares located to the southeast of Cusco, Peru; and holds 100% interest in Mercedes Gold Mine project consists of various mineral concessions covering an area of approximately 69,284 hectares located in Sonora, Mexico.