Short Interest in Bear Creek Mining Co. (OTCMKTS:BCEKF) Rises By 56.2%

Bear Creek Mining Co. (OTCMKTS:BCEKFGet Rating) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 69,200 shares, an increase of 56.2% from the March 15th total of 44,300 shares. Based on an average trading volume of 123,100 shares, the days-to-cover ratio is presently 0.6 days.

Shares of OTCMKTS:BCEKF opened at $0.96 on Friday. The company’s 50-day moving average is $0.88 and its 200 day moving average is $1.01. Bear Creek Mining has a fifty-two week low of $0.74 and a fifty-two week high of $1.81.

Separately, Stifel Nicolaus boosted their price target on shares of Bear Creek Mining from C$5.70 to C$6.00 and gave the stock a “buy” rating in a report on Friday, January 7th.

About Bear Creek Mining (Get Rating)

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. Its flagship property is the Corani property that consists of twelve mineral concessions covering an area of approximately 6,000 hectares located to the southeast of Cusco, Peru.

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