Bear Creek Mining (CVE:BCM) Reaches New 52-Week High – Still a Buy?

Bear Creek Mining Co. (CVE:BCM) shares hit a new 52-week high during trading on Thursday . The stock traded as high as C$0.70 and last traded at C$0.63, with a volume of 390481 shares changing hands. The stock had previously closed at C$0.67.

Bear Creek Mining Trading Down 5.2 %

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 company’s 50-day moving average price is C$0.39 and its 200-day moving average price is C$0.37. The firm has a market cap of C$144.56 million, a price-to-earnings ratio of -2.03, a price-to-earnings-growth ratio of -0.10 and a beta of 1.84.

Bear Creek Mining (CVE:BCM) last released its 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 during the quarter. Equities analysts expect that Bear Creek Mining Co. will post 0.0548926 EPS for the current fiscal year.

Insider Transactions at Bear Creek Mining

In other news, Director Erfan Kazemi-Esfahani sold 147,211 shares of the company’s stock in a transaction on 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 shares were sold at an average price of C$0.32, for a total transaction of C$46,371.47. Also, Senior Officer Eric Edward Caba purchased 90,000 shares of the stock in a transaction dated Monday, September 30th. The shares were purchased at an average price of C$0.36 per share, with a total value of C$32,015.25. 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.