Bear Creek Mining (CVE:BCM) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Bear Creek Mining Co. (CVE:BCM) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.24 and traded as low as C$0.18. Bear Creek Mining shares last traded at C$0.18, with a volume of 870,057 shares traded.

Bear Creek Mining Stock Performance

The firm has a market cap of C$28.02 million, a P/E ratio of -0.62, a PEG ratio of -0.10 and a beta of 1.84. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 139.58. The company’s 50-day moving average is C$0.24 and its two-hundred day moving average is C$0.36.

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.