Bear Creek Mining (CVE:BCM) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Bear Creek Mining Co. (CVE:BCM)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.32 and traded as low as C$0.20. Bear Creek Mining shares last traded at C$0.20, with a volume of 609,500 shares traded.

Bear Creek Mining Stock Down 7.1 %

The stock has a 50-day simple moving average of C$0.32 and a two-hundred day simple moving average of C$0.39. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 139.58. The firm has a market cap of C$31.22 million, a PE ratio of -0.69, a P/E/G ratio of -0.10 and a beta of 1.84.

Bear Creek Mining Company Profile

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.