Bear Creek Mining (CVE:BCM) Trading 5.3% Higher – Should You Buy?

Bear Creek Mining Co. (CVE:BCM) shares rose 5.3% on Thursday . The stock traded as high as C$0.40 and last traded at C$0.40. Approximately 347,902 shares were traded during mid-day trading, an increase of 28% from the average daily volume of 270,887 shares. The stock had previously closed at C$0.38.

Bear Creek Mining Trading Up 7.6 %

The company has a quick ratio of 0.21, a current ratio of 0.19 and a debt-to-equity ratio of 119.61. The stock’s 50 day moving average is C$0.46 and its 200-day moving average is C$0.39. The company has a market cap of C$96.75 million, a PE ratio of -1.29, a P/E/G ratio of -0.10 and a beta of 1.84.

Bear Creek Mining (CVE:BCM) last announced its quarterly earnings results on Monday, August 26th. The company reported C($0.05) EPS for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.01). The business had revenue of C$30.29 million during the quarter. Bear Creek Mining had a negative net margin of 50.97% and a negative return on equity of 60.46%. As a group, sell-side analysts anticipate that Bear Creek Mining Co. will post 0.0548926 EPS for the current year.

Insider Activity

In other Bear Creek Mining news, Director Erfan Kazemi-Esfahani sold 147,211 shares of the firm’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. Also, Senior Officer Eric Edward Caba acquired 90,000 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The stock was bought at an average cost of C$0.36 per share, with a total value of C$32,015.25. Corporate insiders own 34.18% of the company’s stock.

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.