Kingsmen Resources (OTCMKTS:BCEKF) Shares Down 3.5%

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Kingsmen Resources Ltd. (OTCMKTS:BCEKF)’s share price traded down 3.5% during trading on Thursday . The stock traded as low as $2.03 and last traded at $2.05, 88,547 shares traded hands during mid-day trading. The stock had previously closed at $2.12.

Separately, BMO Capital Markets reissued a “buy” rating and issued a $2.80 price target on shares of Kingsmen Resources in a report on Wednesday, September 11th.

The company has a fifty day moving average of $1.85.

Kingsmen Resources Company Profile (OTCMKTS:BCEKF)

Bear Creek Mining Corporation, an exploration stage company, engages in the acquisition, exploration, and development of precious and base metal properties in Peru. The company explores for silver, lead, zinc, gold, and copper deposits. Its flagship property is the Corani silver-lead-zinc project, which consists of 12 mineral concessions covering an area of approximately 5,700 hectares located to the southeast of Cusco, Peru.

See Also: What is meant by a buy rating?

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