Bear Creek Mining (CVE:BCM) Shares Down 5.8% – Time to Sell?

Bear Creek Mining Co. (CVE:BCM) shares fell 5.8% during mid-day trading on Friday . The stock traded as low as C$0.40 and last traded at C$0.41. 679,841 shares changed 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 Down 5.8 %

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

Insider Activity

In other Bear Creek Mining news, Senior Officer Eric Edward Caba acquired 90,000 shares of the business’s stock in a transaction dated Monday, September 30th. The stock was bought at an average cost of C$0.36 per share, with a total value of C$32,015.25. 34.18% of the stock is currently owned by 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.