BMO Capital Thinks Bear Creek Mining’s Stock is Going to Recover


A Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. Analyst Ryan Thompson from BMO Capital reiterated a Buy rating on Bear Creek Mining (BCM), with a C$1.90 price target.

According to TipRanks.com, Thompson has 0 stars on 0-5 star ranking scale with an average return of -18.1% and a 23.3% success rate. Thompson covers the Basic Materials sector, focusing on stocks such as Endeavour Silver Corp, Silvercorp Metals Inc, and Hecla Mining Company.

Bear Creek Mining has an analyst consensus of Moderate Buy, with a price target consensus of C$1.90.

The company has a one-year high of C$2.60 and a one-year low of C$0.89. Currently, Bear Creek Mining has an average volume of 37.81K.

Bear Creek Mining Corp. engages in the acquisition, exploration, and development of precious and base metal properties. Its project portfolio includes Corani and Santa Ana. The company was founded by Andrew T. Swarthout and Catherine McLeod-Seltzer on August 31, 1999 and is headquartered in Vancouver, Canada.

The company’s shares closed on Monday at C$1.16, close to its 52-week low of C$0.89.

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