Bear Creek Mining (CVE:BCM) Sets New 52-Week High – Time to Buy?

Bear Creek Mining Co. (CVE:BCMGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.79 and last traded at C$0.75, with a volume of 1540579 shares changing hands. The stock had previously closed at C$0.75.

Bear Creek Mining Price Performance

The company has a debt-to-equity ratio of 139.58, a current ratio of 0.21 and a quick ratio of 0.21. The firm has a market capitalization of C$263.48 million, a PE ratio of -2.26, a PEG ratio of -0.10 and a beta of 4.12. The firm has a 50-day simple moving average of C$0.52 and a 200-day simple moving average of C$0.41.

About Bear Creek Mining

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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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