Bear Creek Mining (CVE:BCM) Stock Price Up 5.3% - Time to Buy?

Shares of Bear Creek Mining Co. (CVE:BCM - Get Free Report) traded up 5.3% during trading on Thursday . The stock traded as high as C$0.40 and last traded at C$0.40. 347,902 shares traded hands during trading, an increase of 28% from the average session volume of 270,887 shares. The stock had previously closed at C$0.38.

Bear Creek Mining Trading Up 8.9 %

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 firm's 50-day moving average price is C$0.46 and its 200 day moving average price is C$0.39. The company has a market cap of C$97.89 million, a price-to-earnings ratio of -1.30, a P/E/G ratio of -0.10 and a beta of 1.84.

Bear Creek Mining (CVE:BCM - Get Free Report) last announced its quarterly earnings data on Monday, August 26th. The company reported C($0.05) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C($0.04) by C($0.01). Bear Creek Mining had a negative net margin of 50.97% and a negative return on equity of 60.46%. The firm had revenue of C$30.29 million during the quarter. As a group, equities analysts expect that Bear Creek Mining Co. will post 0.0548926 EPS for the current 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 stock was sold at an average price of C$0.32, for a total value of C$46,371.47. Also, Senior Officer Eric Edward Caba bought 90,000 shares of the company's stock in a transaction dated Monday, September 30th. The stock was bought at an average price of C$0.36 per share, with a total value of C$32,015.25. 34.18% of the stock is owned by corporate insiders.

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.