Analysts Set Expectations for CVE:BCM Q3 Earnings

Bear Creek Mining Co. (CVE:BCM) – Stock analysts at Stifel Canada issued their Q3 2024 earnings per share estimates for Bear Creek Mining in a research report issued on Monday, October 21st. Stifel Canada analyst S. Soock anticipates that the company will post earnings per share of ($0.03) for the quarter. The consensus estimate for Bear Creek Mining’s current full-year earnings is $0.05 per share.

Bear Creek Mining (CVE:BCM) last issued its earnings results on Monday, August 26th. The company reported C($0.05) EPS for the quarter, missing the consensus estimate of C($0.04) by C($0.01). The firm had revenue of C$30.29 million during the quarter. Bear Creek Mining had a negative return on equity of 60.46% and a negative net margin of 50.97%.

Bear Creek Mining Price Performance

Shares of BCM stock opened at C$0.67 on Wednesday. The stock has a market cap of C$152.53 million, a P/E ratio of -2.03, a price-to-earnings-growth ratio of -0.10 and a beta of 1.84. Bear Creek Mining has a one year low of C$0.16 and a one year high of C$0.70. The stock has a fifty day moving average price of C$0.40 and a 200 day moving average price of C$0.38. The company has a debt-to-equity ratio of 119.61, a current ratio of 0.19 and a quick ratio of 0.21.

Insider Buying and Selling

In related news, Director Erfan Kazemi-Esfahani sold 147,211 shares of the firm’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of C$0.32, for a total value of C$46,371.47. In other Bear Creek Mining news, Director Erfan Kazemi-Esfahani sold 147,211 shares of Bear Creek Mining stock in a transaction on Friday, August 30th. The stock was sold at an average price of C$0.32, for a total transaction of C$46,371.47. Also, Senior Officer Eric Edward Caba acquired 90,000 shares of the business’s stock in a transaction on Monday, September 30th. The shares were bought at an average cost of C$0.36 per share, with a total value of C$32,015.25. 34.18% of the stock is owned by company insiders.

About Bear Creek Mining

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.