Bear Creek Mining (CVE:BCM) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Bear Creek Mining Co. (CVE:BCMGet Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.39 and traded as low as C$0.38. Bear Creek Mining shares last traded at C$0.38, with a volume of 30,000 shares trading hands.

Bear Creek Mining Trading Down 2.6 %

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 company has a market capitalization of C$86.51 million, a price-to-earnings ratio of -1.15, a price-to-earnings-growth ratio of -0.10 and a beta of 1.84. The business’s 50 day simple moving average is C$0.39 and its 200 day simple moving average is C$0.39.

Bear Creek Mining Company Profile

(Get Free Report)

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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