Bear Creek Mining (CVE:BCM) Share Price Passes Below 50 Day Moving Average of $0.38

Bear Creek Mining Co. (CVE:BCMGet Free Report)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.38 and traded as low as C$0.38. Bear Creek Mining shares last traded at C$0.38, with a volume of 353,845 shares traded.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus reduced their price objective on shares of Bear Creek Mining from C$1.00 to C$0.95 in a research note on Friday, May 31st.

Read Our Latest Stock Analysis on Bear Creek Mining

Bear Creek Mining Trading Down 7.3 %

The company has a current ratio of 0.37, a quick ratio of 0.21 and a debt-to-equity ratio of 71.08. The business has a 50 day simple moving average of C$0.38 and a 200-day simple moving average of C$0.26. The stock has a market capitalization of C$86.48 million, a price-to-earnings ratio of -1.23, a price-to-earnings-growth ratio of -0.10 and a beta of 1.79.

About Bear Creek Mining

(Get Free Report)

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.

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