Bear Creek Mining (CVE:BCM) Trading 0.5% Higher

Bear Creek Mining Corp. (CVE:BCM) shot up 0.5% during mid-day trading on Monday . The company traded as high as C$2.08 and last traded at C$2.05, 86,900 shares traded hands during mid-day trading. An increase of 39% from the average session volume of 62,319 shares. The stock had previously closed at C$2.04.

A number of brokerages have commented on BCM. Canaccord Genuity lifted their target price on Bear Creek Mining from C$3.00 to C$3.25 in a research note on Wednesday, December 4th. BMO Capital Markets increased their price target on Bear Creek Mining from C$3.30 to C$3.50 in a research report on Wednesday, December 18th.

The stock has a market capitalization of $210.29 million and a P/E ratio of -13.58. The stock has a 50 day moving average of C$2.59 and a 200 day moving average of C$2.43. The company has a debt-to-equity ratio of 0.95, a quick ratio of 8.34 and a current ratio of 8.34.

Bear Creek Mining (CVE:BCM) last announced its quarterly earnings results on Thursday, November 21st. The company reported C($0.04) earnings per share (EPS) for the quarter. On average, research analysts anticipate that Bear Creek Mining Corp. will post -0.09 EPS for the current fiscal year.

About Bear Creek Mining (CVE:BCM)

Bear Creek Mining Corporation, an exploration stage company, engages in the acquisition, exploration, and development of precious and base metal properties in Peru. The company explores for silver, lead, zinc, gold, and copper deposits. Its flagship property is the Corani silver-lead-zinc project, which consists of 12 mineral concessions covering an area of approximately 5,700 hectares located to the southeast of Cusco, Peru.

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