Bear Creek Mining (CVE:BCM) Stock Crosses Above 50-Day Moving Average of $0.32

Bear Creek Mining Co. (CVE:BCM)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.32 and traded as high as C$0.37. Bear Creek Mining shares last traded at C$0.36, with a volume of 255,338 shares trading hands.

Wall Street Analyst Weigh In

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

Bear Creek Mining Trading Up 4.3 %

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 company has a market cap of C$81.95 million, a PE ratio of -1.13, a PEG ratio of -0.10 and a beta of 1.83. The stock has a 50 day moving average price of C$0.32 and a 200 day moving average price of C$0.33.

Insider Buying and Selling at Bear Creek Mining

In other news, Director Erfan Kazemi-Esfahani sold 147,211 shares of the company’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of C$0.32, for a total value of C$46,371.47. Insiders own 34.14% of the company’s stock.

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.