FY2024 Earnings Forecast for CVE:BCM Issued By Stifel Canada

Bear Creek Mining Co. (CVE:BCM) – Equities research analysts at Stifel Canada boosted 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 forecasts that the company will post earnings of ($0.15) per share for the year, up from their prior 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 (CVE:BCM) last issued its quarterly earnings data on Monday, August 26th. The company reported C($0.05) earnings per share for the quarter, missing the consensus estimate of C($0.04) by C($0.01). Bear Creek Mining had a negative return on equity of 60.46% and a negative net margin of 50.97%. The business had revenue of C$30.29 million during the quarter.

Bear Creek Mining Stock Down 1.5 %

CVE BCM opened at C$0.66 on Thursday. The company has a current ratio of 0.19, a quick ratio of 0.21 and a debt-to-equity ratio of 119.61. The company has a market cap of C$150.25 million, a price-to-earnings ratio of -2.00, a PEG ratio of -0.10 and a beta of 1.84. The company has a 50 day moving average of C$0.41 and a 200-day moving average of C$0.38. Bear Creek Mining has a 1-year low of C$0.16 and a 1-year high of C$0.70.

Insiders Place Their Bets

In related news, 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, with a total value of C$32,015.25. In other news, Senior Officer Eric Edward Caba purchased 90,000 shares of Bear Creek Mining stock in a transaction that occurred on 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 Bear Creek Mining stock in a transaction that occurred on Friday, August 30th. The shares were 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.

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.