Bear Creek Mining (BCM) Given New C$2.75 Price Target at Canaccord Genuity

Bear Creek Mining (CVE:BCM) had its target price lowered by equities researchers at Canaccord Genuity from C$4.00 to C$2.75 in a research report issued to clients and investors on Monday. Canaccord Genuity’s target price indicates a potential upside of 29.72% from the stock’s current price.

Separately, BMO Capital Markets set a C$3.00 target price on Bear Creek Mining and gave the stock an “outperform” rating in a research report on Friday, November 17th.

Shares of Bear Creek Mining (CVE:BCM) traded up C$0.09 during midday trading on Monday, hitting C$2.12. The stock had a trading volume of 168,950 shares, compared to its average volume of 70,919. Bear Creek Mining has a 52 week low of C$1.64 and a 52 week high of C$3.40.

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About Bear Creek Mining

Bear Creek Mining Corporation, an exploration stage company, engages in the acquisition, exploration, and development of precious and base metal properties in Peru. The company explores for silver, lead, zinc, gold, and copper deposits. Its flagship property is the Corani silver-lead-zinc project, which consists of 12 mineral concessions covering an area of approximately 5,700 hectares located to the southeast of Cusco, Peru.

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