Bear Creek Mining (CVE:BCM) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Bear Creek Mining Co. (CVE:BCM) crossed below its 50-day moving average during trading on Monday . The stock has a 50-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 traded.

Bear Creek Mining Price Performance

The company has a quick ratio of 0.21, a current ratio of 0.19 and a debt-to-equity ratio of 119.61. The company has a market cap 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 firm’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

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.