Analysts Set Expectations for CVE:BCM Q3 Earnings

Bear Creek Mining Co. (CVE:BCM) – Equities research analysts at Stifel Canada issued their Q3 2024 earnings per share estimates for Bear Creek Mining in a report released on Monday, October 21st. Stifel Canada analyst S. Soock anticipates that the company will earn ($0.03) per share 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 announced 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). Bear Creek Mining had a negative net margin of 50.97% and a negative return on equity of 60.46%. The company had revenue of C$30.29 million for the quarter.

Bear Creek Mining Stock Performance

Shares of BCM stock opened at C$0.67 on Wednesday. Bear Creek Mining has a 12 month low of C$0.16 and a 12 month high of C$0.70. 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 business’s 50 day moving average is C$0.40 and its two-hundred day moving average is C$0.38. The company has a market cap of C$152.53 million, a PE ratio of -2.03, a price-to-earnings-growth ratio of -0.10 and a beta of 1.84.

Insider Buying and Selling at Bear Creek Mining

In other Bear Creek Mining news, Director Erfan Kazemi-Esfahani sold 147,211 shares of the 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 transaction of C$46,371.47. In related news, Senior Officer Eric Edward Caba acquired 90,000 shares of the stock in a transaction dated Monday, September 30th. The shares were acquired at an average price of C$0.36 per share, for a total transaction of C$32,015.25. Also, 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 transaction of C$46,371.47. Corporate 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.