Bear Creek Mining (CVE:BCM) Stock Crosses Above 200 Day Moving Average - What's Next?

Key Points

• Bear Creek Mining's shares have recently surpassed their 200-day moving average, reaching a high of C$0.26 during trading.
• The company specializes in exploring and developing precious and base metal properties in Peru and Mexico, including the Corani and Mercedes Gold Mine projects.
• Bear Creek Mining has a market cap of C$67.20 million and notable financial ratios, including a debt-to-equity ratio of 139.58 and a P/E ratio of -0.88.

Bear Creek Mining Co. (CVE:BCM - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.20 and traded as high as C$0.26. Bear Creek Mining shares last traded at C$0.23, with a volume of 379,101 shares changing hands.

Bear Creek Mining Price Performance

The firm has a market capitalization of C$108.11 million, a price-to-earnings ratio of -1.42, a P/E/G ratio of -0.10 and a beta of 1.15. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 139.58. The company's 50 day moving average is C$0.20 and its 200-day moving average is C$0.20.

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.