Bear Creek Mining (CVE:BCM) Trading Down 1.9% - Time to Sell?

Key Points

• Bear Creek Mining shares experienced a decline of 1.9%, closing at C$0.52 after trading as low as C$0.50.
• The company holds a market cap of C$151.93 million and has a significantly high debt-to-equity ratio of 139.58.
• Bear Creek Mining operates in the exploration and development of precious and base metals in Peru and Mexico, with major projects including the Corani and Mercedes Gold Mine.

Bear Creek Mining Co. (CVE:BCM - ) shares fell 1.9% on Wednesday . The stock traded as low as C$0.50 and last traded at C$0.52. 636,188 shares were traded during mid-day trading, an increase of 13% from the average session volume of 562,171 shares. The stock had previously closed at C$0.53.

Bear Creek Mining Trading Down 1.9%

The firm has a 50 day simple moving average of C$0.40 and a 200 day simple moving average of C$0.26. The company has a debt-to-equity ratio of 139.58, a quick ratio of 0.21 and a current ratio of 0.21. The firm has a market cap of C$151.93 million, a P/E ratio of -2.00, a P/E/G ratio of -0.10 and a beta of 2.94.

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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