Separately, BMO Capital Markets set a C$3.00 price objective on Bear Creek Mining and gave the company an outperform rating in a report on Friday, November 17th.
Bear Creek Mining (CVE:BCM) remained flat at $C$2.12 during midday trading on Monday. 127,419 shares of the company traded hands, compared to its average volume of 71,162. Bear Creek Mining has a 1 year low of C$1.64 and a 1 year high of C$3.40.
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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