Top Page
Bear Creek Mining
(OTC:BCM)
Bear Creek Mining (BCM) vs. iShares MSCI Canada ETF (EWC)
Bear Creek Mining Business Overview & Revenue Model
Bear Creek Mining Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 103.74M | 89.15M | 61.04M | 0.00 | 0.00 | Gross Profit |
| 3.15M | -12.26M | 123.00K | -32.00K | -33.00K | EBIT |
| -16.48M | -28.76M | -15.56M | -21.86M | -15.32M | EBITDA |
| -27.57M | 10.95M | 803.00K | -21.15M | -12.65M | Net Income Common Stockholders |
| -66.82M | -38.98M | -22.60M | -22.00M | -11.04M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 6.72M | 3.92M | 3.50M | 24.20M | 20.58M | Total Assets |
| 180.29M | 241.11M | 275.15M | 121.92M | 117.96M | Total Debt |
| 73.05M | 61.41M | 25.30M | 447.00K | 659.00K | Net Debt |
| 66.37M | 57.50M | 21.82M | -23.73M | -19.90M | Total Liabilities |
| 156.15M | 154.71M | 160.99M | 11.34M | 13.09M | Stockholders Equity |
| 24.14M | 86.40M | 114.17M | 110.58M | 104.87M |
| Cash Flow | Free Cash Flow | |||
| 2.91M | -17.60M | -24.69M | -20.92M | -14.17M | Operating Cash Flow |
| 15.49M | -1.46M | -10.72M | -18.14M | -11.01M | Investing Cash Flow |
| -10.62M | -16.40M | -16.61M | -3.01M | 8.15M | Financing Cash Flow |
| -2.08M | 18.34M | 6.71M | 24.52M | 12.30M |
Bear Creek Mining Technical Analysis
Bear Creek Mining Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
52 Neutral | $45.55M | ― | -134.67% | ― | 11.35% | -19.64% | |
51 Neutral | $2.03B | -1.13 | -21.36% | 3.65% | 2.87% | -30.54% | |
47 Neutral | $57.44M | ― | -10.05% | ― | ― | -29.51% | |
46 Neutral | C$66.91M | ― | -82.08% | ― | ― | -5.00% | |
43 Neutral | C$36.08M | ― | -20.39% | ― | ― | 29.22% | |
40 Underperform | $47.57M | ― | -12.61% | ― | ― | 13.91% | |
34 Underperform | $75.89M | ― | -20.18% | ― | ― | -72.08% |
Bear Creek Mining Corporate Events
Bear Creek Mining Corporation announced the results of its Annual General Meeting held on June 5, 2025, in Vancouver, where shareholders approved all proposed business matters. This included the re-election and election of directors, confirmation of the company’s 10% Rolling Stock Option Plan, and the re-appointment of PricewaterhouseCoopers LLP as auditors. The board also appointed new officers, including Catherine McLeod-Seltzer as Chair and Eric Caba as President and CEO, and established its standing committees for the coming year. These developments are expected to impact the company’s governance and operational strategies positively.
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.
Bear Creek Mining reported its Q1 2025 financial and operating results, highlighting the production of 8,262 ounces of gold and 36,466 ounces of silver from its Mercedes mine. The company completed a brokered private placement raising $10 million and initiated a strategic review to explore financial options. Amendments to debt agreements were made, and new board members were appointed. The company faced a comprehensive loss of $13.355 million, with cash costs per gold ounce sold at $2,066 and an average realized gold price of $2,877. The transition to narrow vein mining at Mercedes is ongoing, with efforts to resolve contractor issues and align production with market conditions.
The most recent analyst rating on (TSE:BCM) stock is a Buy with a C$0.95 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 Corporation has appointed Eduardo Flores as Senior Vice President of Business Development, bringing over 30 years of experience in the mining industry to the company. Additionally, Bear Creek has drawn down $1.2 million under its 2025 Sandstorm Note for general working capital, with potential implications for future financial strategies and shareholder interests.
The most recent analyst rating on (TSE:BCM) stock is a Buy with a C$0.95 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 Corporation has issued a secured promissory note to Sandstorm Gold Ltd. for up to $6.5 million to support its working capital needs, with monthly drawdowns capped at $600,000. The note, which bears a 7% annual interest rate and matures in September 2028, is secured by interests in the company’s key mining projects and subsidiaries. This financial arrangement is expected to bolster Bear Creek’s operational capabilities at its Mercedes Mine and potentially enhance its market positioning, though it involves a related party transaction subject to TSXV approval.
Bear Creek Mining Corporation reported a challenging first quarter of 2025 at its Mercedes Mine, with gold and silver production falling short due to delays in transitioning to new mining areas and contractor underperformance. The company is not proceeding with a Preliminary Economic Assessment for the Corani Oxides opportunity at this time, as further work is needed to explore its potential to extend the Corani mine life.
Bear Creek Mining Corporation reported its financial and operational results for the year ending December 31, 2024, highlighting several key developments. The company closed a restructuring agreement with Sandstorm Gold Ltd., which included adjustments to gold and silver deliverables and financial terms. Despite challenges in production due to a transition to narrow vein mining at the Mercedes Mine, the company managed to produce 40,220 ounces of gold and 217,676 ounces of silver. Financially, Bear Creek recorded a non-cash impairment charge of $27.2 million and a comprehensive loss of $66.8 million. The company is exploring strategic opportunities to enhance shareholder value, including a strategic review and a private placement financing that raised approximately $10 million.
Bear Creek Mining has announced the closure of debt amendments with Equinox Gold and Sandstorm Gold, allowing the deferral of monthly interest payments from February to November 2025 until December 31, 2025. This strategic move aims to manage financial obligations and improve liquidity, while the company plans to issue a new secured promissory note for additional working capital, pending approval from relevant parties.
Bear Creek Mining Corporation announced the retirement of two directors, Andrew Swarthout and Sandra Daycock, from its Board of Directors. Swarthout, a founder and former CEO, and Daycock, a director since 2023, have been acknowledged for their contributions. Additionally, the company is progressing with debt amendments and a credit extension agreement with Equinox Gold Corp. and Sandstorm Gold Ltd., which are subject to approval by the TSX Venture Exchange. These financial arrangements aim to defer certain interest payments and extend up to $6.5 million in credit, potentially impacting the company’s financial stability and operational flexibility.
Bear Creek Mining Corporation has filed a National Instrument 43-101 Technical Report for its Mercedes gold and silver mine in Sonora, Mexico. The report, prepared by Global Resource Engineering Ltd., supports the updated mineral resource and reserve estimates announced earlier in January 2025. This filing is a significant step for Bear Creek as it reinforces the company’s resource estimates, potentially impacting its market positioning and providing assurance to stakeholders about the mine’s viability.
Bear Creek Mining Corporation has successfully closed a brokered private placement, raising C$14.5 million through the issuance of 64,445,000 common shares. The proceeds will be used for exploration and resource drilling at the Mercedes mine in Mexico, as well as for general working capital purposes. The transaction involved significant participation from related parties Sandstorm Gold Ltd. and Equinox Gold Corp., and included a concurrent sale to an arm’s length third-party. The deal is part of a broader financial strategy that includes debt amendments and additional credit extensions, pending regulatory approval.