FY2024 EPS Estimate for Bear Creek Mining Boosted by Analyst

Bear Creek Mining Co. (CVE:BCM) – Equities researchers at Stifel Canada lifted their FY2024 EPS estimates for Bear Creek Mining in a research report issued to clients and investors on Monday, October 21st. Stifel Canada analyst S. Soock now expects that the company will earn ($0.15) per share for the year, up from their previous estimate of ($0.18). The consensus estimate for Bear Creek Mining’s current full-year earnings is $0.05 per share. Stifel Canada also issued estimates for Bear Creek Mining’s FY2025 earnings at ($0.03) EPS and FY2026 earnings at ($0.03) EPS.

Bear Creek Mining Stock Performance

BCM opened at C$0.67 on Thursday. The business’s 50-day simple moving average is C$0.40 and its 200 day simple moving average is C$0.38. Bear Creek Mining has a 52-week low of C$0.16 and a 52-week high of C$0.70. The company has a debt-to-equity ratio of 119.61, a quick ratio of 0.21 and a current ratio of 0.19. The firm has a market capitalization of C$152.53 million, a PE ratio of -2.03, a PEG ratio of -0.10 and a beta of 1.84.

Bear Creek Mining (CVE:BCM) last issued its quarterly 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 business had revenue of C$30.29 million for the quarter. Bear Creek Mining had a negative return on equity of 60.46% and a negative net margin of 50.97%.

Insider Transactions at Bear Creek Mining

In other news, Senior Officer Eric Edward Caba bought 90,000 shares of the firm’s stock in a transaction that occurred on Monday, September 30th. The stock was acquired at an average cost of C$0.36 per share, with a total value of C$32,015.25. In other news, Director Erfan Kazemi-Esfahani sold 147,211 shares of the firm’s stock in a transaction that occurred 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. Also, Senior Officer Eric Edward Caba purchased 90,000 shares of the company’s stock in a transaction that occurred on Monday, September 30th. The stock was acquired at an average price of C$0.36 per share, for a total transaction of C$32,015.25. Company insiders own 34.18% of the company’s stock.

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.