Bear Creek Mining (CVE:BCM) Hits New 1-Year High – What’s Next?

Shares of Bear Creek Mining Co. (CVE:BCM) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.49 and last traded at C$0.49, with a volume of 302078 shares. The stock had previously closed at C$0.48.

Bear Creek Mining Price Performance

The company has a debt-to-equity ratio of 119.61, a current ratio of 0.19 and a quick ratio of 0.21. The stock’s 50 day simple moving average is C$0.35 and its two-hundred day simple moving average is C$0.36. The stock has a market cap of C$104.72 million, a price-to-earnings ratio of -1.39, a P/E/G ratio of -0.10 and a beta of 1.83.

Bear Creek Mining (CVE:BCM) last posted its quarterly earnings results on Monday, August 26th. The company reported C($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.01). Bear Creek Mining had a negative return on equity of 60.46% and a negative net margin of 50.97%. The business had revenue of C$30.29 million for the quarter. On average, analysts forecast that Bear Creek Mining Co. will post 0.0423628 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Erfan Kazemi-Esfahani sold 147,211 shares of the company’s stock in a transaction dated Friday, August 30th. The stock was sold at an average price of C$0.32, for a total value of C$46,371.47. In related news, Director Erfan Kazemi-Esfahani sold 147,211 shares of the stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of C$0.32, for a total transaction of C$46,371.47. Also, Senior Officer Eric Edward Caba bought 90,000 shares of the stock in a transaction that occurred on Monday, September 30th. The shares were acquired at an average cost of C$0.36 per share, with a total value of C$32,015.25. 34.14% of the stock is owned by corporate insiders.

Bear Creek Mining Company Profile

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.