Bear Creek Mining (CVE:BCM) Stock Passes Below 50-Day Moving Average – Time to Sell?

Bear Creek Mining Co. (CVE:BCM)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.32 and traded as low as C$0.20. Bear Creek Mining shares last traded at C$0.20, with a volume of 609,500 shares.

Bear Creek Mining Trading Down 7.1 %

The firm’s 50 day moving average is C$0.32 and its 200 day moving average is C$0.39. The company has a debt-to-equity ratio of 139.58, a current ratio of 0.21 and a quick ratio of 0.21. The company has a market capitalization of C$31.22 million, a PE ratio of -0.69, a P/E/G ratio of -0.10 and a beta of 1.84.

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.