Bear Creek Mining (CVE:BCM) Share Price Passes Below 50-Day Moving Average – What’s Next?

Bear Creek Mining Co. (CVE:BCM) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.39 and traded as low as C$0.37. Bear Creek Mining shares last traded at C$0.38, with a volume of 134,750 shares trading hands.

Bear Creek Mining Stock Down 3.8 %

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 company has a market cap of C$85.37 million, a price-to-earnings ratio of -1.14, a P/E/G ratio of -0.10 and a beta of 1.84. The firm’s 50 day simple moving average is C$0.39 and its 200-day simple moving average is C$0.39.

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.