Analysts Set Expectations for Bear Creek Mining Co.’s Q2 2024 Earnings (CVE:BCM)

Bear Creek Mining Co. (CVE:BCM) – Analysts at Stifel Canada issued their Q2 2024 EPS estimates for shares of Bear Creek Mining in a research note issued on Thursday, July 18th. Stifel Canada analyst S. Soock expects that the company will earn ($0.04) per share for the quarter. The consensus estimate for Bear Creek Mining’s current full-year earnings is $0.05 per share.

Separately, Stifel Nicolaus lowered their target price on Bear Creek Mining from C$1.00 to C$0.95 in a research note on Friday, May 31st.

Bear Creek Mining Trading Down 4.6 %

BCM stock opened at C$0.31 on Monday. Bear Creek Mining has a 1-year low of C$0.16 and a 1-year high of C$0.58. The company has a current ratio of 0.37, a quick ratio of 0.21 and a debt-to-equity ratio of 71.08. The business’s 50 day moving average is C$0.37 and its 200-day moving average is C$0.30. The firm has a market cap of C$70.55 million, a P/E ratio of -1.00, a P/E/G ratio of -0.10 and a beta of 1.79.

Bear Creek Mining (CVE:BCM) last posted its earnings results on Monday, April 29th. The company reported C($0.05) earnings per share for the quarter. The business had revenue of C$35.63 million during the quarter. Bear Creek Mining had a negative net margin of 43.72% and a negative return on equity of 38.87%.

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.