Bear Creek Mining (CVE:BCM) Stock Price Down 5.8% – What’s Next?

Bear Creek Mining Co. (CVE:BCM)’s stock price traded down 5.8% during trading on Friday . The company traded as low as C$0.40 and last traded at C$0.41. 679,841 shares traded hands during trading, an increase of 154% from the average session volume of 267,343 shares. The stock had previously closed at C$0.43.

Bear Creek Mining Stock Performance

The company has a 50-day moving average of C$0.47 and a 200-day moving average of C$0.39. The firm has a market capitalization of C$92.20 million, a price-to-earnings ratio of -1.23, a price-to-earnings-growth ratio of -0.10 and a beta of 1.84. The company has a current ratio of 0.19, a quick ratio of 0.21 and a debt-to-equity ratio of 119.61.

Insiders Place Their Bets

In other news, Senior Officer Eric Edward Caba acquired 90,000 shares of the business’s stock in a transaction that occurred on Monday, September 30th. The shares were purchased at an average cost of C$0.36 per share, for a total transaction of C$32,015.25. 34.18% of the stock is currently owned by corporate insiders.

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.