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

Bear Creek Mining Co. (CVE:BCM) shares reached a new 52-week high during 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 Stock 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 moving average is C$0.35 and its 200 day moving average is C$0.35. 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 announced its quarterly earnings results on Monday, August 26th. The company reported C($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.04) by C($0.01). The company 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, analysts predict that Bear Creek Mining Co. will post 0.0423628 earnings per share for the current fiscal year.

Insider Buying and Selling at Bear Creek Mining

In other news, Director Erfan Kazemi-Esfahani sold 147,211 shares of Bear Creek Mining 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 value of C$46,371.47. In related news, Director Erfan Kazemi-Esfahani sold 147,211 shares of the business’s 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 company’s stock in a transaction on Monday, September 30th. The stock was purchased at an average cost of C$0.36 per share, for a total transaction of C$32,015.25. Company insiders own 34.14% of the company’s stock.

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.