Bear Creek Mining (CVE:BCM) Shares Down 5.8% - Should You Sell?

Bear Creek Mining Co. (CVE:BCM - Get Free Report)'s share price was down 5.8% during trading on Friday . The stock traded as low as C$0.40 and last traded at C$0.41. Approximately 679,841 shares traded hands during trading, an increase of 154% from the average daily volume of 267,343 shares. The stock had previously closed at C$0.43.

Bear Creek Mining Stock Performance

The company has a current ratio of 0.19, a quick ratio of 0.21 and a debt-to-equity ratio of 119.61. The stock has a 50 day moving average price of C$0.47 and a two-hundred day moving average price of C$0.39. The company has a market cap of C$92.20 million, a price-to-earnings ratio of -1.23, a P/E/G ratio of -0.10 and a beta of 1.84.

Insiders Place Their Bets

In other news, Senior Officer Eric Edward Caba purchased 90,000 shares of Bear Creek Mining stock in a transaction dated Monday, September 30th. The shares were bought at an average cost of C$0.36 per share, with a total value of C$32,015.25. Company 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.

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