Q3 Earnings Estimate for CVE:BCM Issued By Stifel Canada

Bear Creek Mining Co. (CVE:BCM) – Stifel Canada issued their Q3 2024 earnings estimates for shares of Bear Creek Mining in a note issued to investors 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 announced its earnings results on Monday, August 26th. The company reported C($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of C$30.29 million during the quarter.

Bear Creek Mining Price Performance

CVE BCM opened at C$0.64 on Wednesday. The firm’s 50 day moving average is C$0.39 and its 200-day moving average is C$0.37. 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 capitalization of C$145.70 million, a PE ratio of -1.94, a price-to-earnings-growth ratio of -0.10 and a beta of 1.84. Bear Creek Mining has a 12-month low of C$0.16 and a 12-month high of C$0.70.

Insider Activity at Bear Creek Mining

In other Bear Creek Mining news, Senior Officer Eric Edward Caba purchased 90,000 shares of the business’s stock in a transaction on Monday, September 30th. The shares were purchased at an average cost of C$0.36 per share, with a total value of C$32,015.25. In other Bear Creek Mining 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 stock in a transaction on Monday, September 30th. The shares were bought at an average cost of C$0.36 per share, for a total transaction of C$32,015.25. 34.18% of the stock is owned by insiders.

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.