Bear Creek Mining (BCM) AI Stock Analysis

• Market Cap: C$189.11M
• Dividend Yield: N/A
• Average Volume (3M): 1.40M
• Price to Earnings (P/E): ―
• Beta (1Y): 3.16
• Revenue Growth: -4.16%
• EPS Growth: -66.82%
• Country: CA
• Employees: 287
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.15
• Shares Outstanding: 293,197,200
• 10 Day Avg. Volume: 1,118,783
• 30 Day Avg. Volume: 1,396,693
• PEG Ratio: -0.03
• Price to Book (P/B): 2.21
• Price to Sales (P/S): 0.51
• P/FCF Ratio: 18.37
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: C$0.66 ▲(32.60% Upside)

Bear Creek Mining's overall stock score is primarily impacted by its poor financial performance, with persistent losses and high leverage posing significant risks. While technical indicators show some positive momentum, the negative valuation metrics further weigh down the score. Strategic improvements are essential for enhancing financial health and investor confidence.

Positive Factors

Revenue Growth Momentum

Sustained TTM revenue growth of ~30% indicates stronger product/asset uptake and market access. Over a 2-6 month horizon, continued top-line expansion can support scale economics, improve negotiating power for contracts and financing, and underpin a pathway to eventual profitability if costs are controlled.

Improving Free Cash Flow

A 120% improvement in free cash flow growth signals meaningful progress converting operations and investments into cash. Durably higher FCF enhances liquidity, reduces immediate financing needs, and can fund development, working capital or debt service over the medium term if the trend persists.

Advanced-stage Peruvian Assets

Holding advanced-stage silver and gold projects in Peru reduces exploration risk versus early-stage juniors. These assets shorten time-to-production and benefit from established mining infrastructure and industry expertise, improving the company's structural ability to convert resources into sustained future cash flow.

Negative Factors

High Financial Leverage

Very high leverage and negative equity create persistent solvency and refinancing risk. Over 2-6 months this limits flexibility to fund development, increases likelihood of restrictive covenants, and raises the cost and availability of new capital, constraining strategic options.

Structural Unprofitability

Deeply negative gross and net margins reflect fundamental cost or pricing deficiencies. Without structural margin recovery, losses will continue to erode capital and require external funding. Persistent unprofitability is a durable risk to viability absent operational turnaround or sustained commodity price shifts.

Negative Operating Cash Flow

Negative operating cash flow indicates core operations are not generating sufficient cash, forcing reliance on non-operational sources. This undermines sustainable cash generation, complicates debt servicing and reinvestment, and is a lasting constraint until operating cash conversion improves.

Bear Creek Mining Business Overview & Revenue Model

Company Description

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. Its flagship property is the Corani property that consists of 13 mineral concessions covering an area of approximately 6,500 hectares located to the southeast of Cusco, Peru. Bear Creek Mining Corporation was incorporated in 1999 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Bear Creek Mining generates revenue primarily through the extraction and sale of metals, particularly silver and gold, from its mining operations. The company earns money by selling these metals to various markets, including industrial customers and precious metals investors. Key revenue streams include direct sales from its mining projects, royalties from mineral rights, and potentially strategic partnerships with other mining companies for joint ventures or resource sharing. Additionally, BCM's financial performance can be influenced by metal prices in the global market, operational efficiencies, and the successful exploration and development of new mining projects, which can lead to increased production and sales.

Bear Creek Mining Financial Statement Overview

Summary

Bear Creek Mining faces significant financial challenges across all verticals. The income statement reflects ongoing losses and negative margins, while the balance sheet shows high leverage and poor returns on equity. Cash flow analysis indicates weak cash generation, exacerbating financial instability. The company needs to address operational inefficiencies, improve cost management, and restructure its capital to enhance financial health and sustainability.

Income Statement

Bear Creek Mining's income statement shows a challenging financial position with negative margins across the board. The TTM data indicates a gross profit margin of -3.04% and a net profit margin of -60.03%, reflecting significant losses. Despite a revenue growth rate of 5.65% in the TTM, the company struggles with profitability as evidenced by negative EBIT and EBITDA margins. The consistent negative margins suggest ongoing operational inefficiencies and cost management issues.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 8.75 in the TTM, indicating substantial leverage and potential financial risk. Return on equity is deeply negative at -233.92%, highlighting the company's inability to generate returns for shareholders. The equity ratio stands at 5.24%, suggesting a low proportion of equity financing relative to total assets. These metrics point to financial instability and a need for improved capital structure management.

Cash Flow

Cash flow analysis shows negative free cash flow growth of -6.70% in the TTM, indicating declining cash generation capabilities. The operating cash flow to net income ratio is 0.07, suggesting weak cash flow relative to net losses. The free cash flow to net income ratio is -1.01, further emphasizing cash flow challenges. Overall, the cash flow position is concerning, with limited cash generation to support operations and debt obligations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	106.91M	103.74M	89.15M	61.04M	0.00	0.00
Gross Profit	-18.90M	3.15M	-12.26M	123.00K	-32.00K	-33.00K
EBITDA	-44.02M	-27.57M	10.95M	803.00K	-21.15M	-12.65M
Net Income	-98.78M	-66.82M	-38.98M	-22.60M	-22.00M	-11.04M
Balance Sheet
Total Assets	223.29M	180.29M	241.11M	275.15M	121.92M	117.96M
Cash, Cash Equivalents and Short-Term Investments	3.23M	6.72M	3.92M	3.50M	24.20M	20.58M
Total Debt	132.99M	73.05M	61.41M	25.30M	447.00K	659.00K
Total Liabilities	254.09M	156.15M	154.71M	160.99M	11.34M	13.09M
Stockholders Equity	-30.81M	24.14M	86.40M	114.17M	110.58M	104.87M
Cash Flow
Free Cash Flow	-17.82M	2.91M	-17.60M	-24.69M	-20.92M	-14.17M
Operating Cash Flow	-4.74M	15.49M	-1.46M	-10.72M	-18.14M	-11.01M
Investing Cash Flow	-14.22M	-10.62M	-16.40M	-16.61M	-3.01M	8.15M
Financing Cash Flow	12.62M	-2.08M	18.34M	6.71M	24.52M	12.30M

Bear Creek Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:BCM, the sentiment is Positive. The current price of 0.5 is below the 20-day moving average (MA) of 0.58, above the 50-day MA of 0.47, and above the 200-day MA of 0.32, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 61.02 is Neutral, neither overbought nor oversold. The STOCH value of 62.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:BCM.

Bear Creek Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GRSL	57 Neutral	C$175.43M	-19.85	-50.60%	―	―	-235.10%
BHS	52 Neutral	C$45.39M	-15.29	―	―	―	42.57%
SLV	52 Neutral	C$41.29M	-31.69	―	―	―	-1.67%
BCM	51 Neutral	C$189.11M	-1.38	-525.71%	―	-4.16%	-66.82%
AGX	45 Neutral	C$271.39M	-90.00	-6.09%	―	8.28%	87.46%
EMO	42 Neutral	C$202.62M	-13.83	-46.38%	―	―	19.55%

Bear Creek Mining Corporate Events

Highlander Silver and Bear Creek Mining to Merge, Forming Growth-Focused Silver Producer

Highlander Silver Corp. and Bear Creek Mining Corporation have agreed to merge via a plan of arrangement, creating a combined, silver-focused company anchored by Highlander’s high-grade San Luis gold-silver project in Peru and Bear Creek’s Corani silver project, one of the largest primary silver deposits globally. The new entity, led by Highlander’s management and backed by prominent institutional and strategic shareholders, will also include the Mercedes gold-silver mine in Mexico and a strong, debt-free balance sheet, enhancing its capacity to advance multiple projects, address Bear Creek’s prior liquidity and debt challenges, and position the group as a leading growth platform in the silver space with substantial exploration and development upside in South America and Mexico.

The most recent analyst rating on (TSE:BCM) stock is a Hold with a C$0.49 price target. To see the full list of analyst forecasts on Bear Creek Mining stock, see the TSE:BCM Stock Forecast page.

Bear Creek Mining Sells Tassa Project to Focus on Core Assets

Bear Creek Mining Corporation has announced the sale of its 100% interest in the non-core Tassa Project in southern Peru to Colque Holding Pty Ltd for US$3.5 million, payable over 30 months. This transaction allows Bear Creek to focus on its core assets and secure both immediate and potential long-term value through a net smelter return royalty on minerals produced from Tassa, enhancing its strategic positioning in the mining sector.

The most recent analyst rating on (TSE:BCM) stock is a Hold with a C$0.48 price target. To see the full list of analyst forecasts on Bear Creek Mining stock, see the TSE:BCM Stock Forecast page.

Bear Creek Mining Faces Operational Challenges in Q3 2025

Bear Creek Mining reported a Q3 2025 loss of $30.8 million, primarily due to non-cash items affecting its financials. The company’s production was impacted by operational challenges at its Mercedes mine, including ventilation issues and a development deficit. Despite these setbacks, Bear Creek is actively pursuing a strategic review to enhance value and optimize resources.

The most recent analyst rating on (TSE:BCM) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Bear Creek Mining stock, see the TSE:BCM Stock Forecast page.

Bear Creek Mining Draws Additional Funds Amid Financial Pressures

Bear Creek Mining Corporation has drawn down US$1.2 million under its 2025 Sandstorm Note, with a total of US$5.4 million drawn to date out of a maximum US$6.5 million. The funds will be used for general working capital purposes. The company faces a working capital deficiency of US$91.7 million as of June 30, 2025, and is under pressure to achieve sufficient operating results and cash flow from its Mercedes mine to continue as a going concern.

The most recent analyst rating on (TSE:BCM) stock is a Buy with a C$1.25 price target. To see the full list of analyst forecasts on Bear Creek Mining stock, see the TSE:BCM Stock Forecast page.