Bear Creek Mining (CVE:BCM) Shares Cross Below 50-Day Moving Average of $0.33

Bear Creek Mining Co. (CVE:BCM - Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.33 and traded as low as C$0.33. Bear Creek Mining shares last traded at C$0.34, with a volume of 230,693 shares.

Analysts Set New Price Targets

Separately, Stifel Nicolaus reduced their target price on Bear Creek Mining from C$1.00 to C$0.95 in a report on Friday, May 31st.

Bear Creek Mining Stock Performance

The company has a debt-to-equity ratio of 98.39, a quick ratio of 0.21 and a current ratio of 0.22. The company has a market cap of C$76.24 million, a price-to-earnings ratio of -1.05, a PEG ratio of -0.10 and a beta of 1.83. The firm's 50-day moving average price is C$0.33 and its 200 day moving average price is C$0.32.

Bear Creek Mining (CVE:BCM - Get Free Report) last released its earnings results on Wednesday, May 29th. The company reported C($0.11) EPS for the quarter, missing analysts' consensus estimates of C($0.03) by C($0.08). The business had revenue of C$37.12 million for the quarter. Bear Creek Mining had a negative return on equity of 50.71% and a negative net margin of 48.30%. On average, sell-side analysts anticipate that Bear Creek Mining Co. will post 0.0381862 EPS for the current year.

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.