Bear Creek Mining Co. (OTCMKTS:BCEKF – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 36,100 shares, a growth of 1,288.5% from the August 15th total of 2,600 shares. Based on an average daily volume of 64,800 shares, the short-interest ratio is currently 0.6 days.
Analyst Ratings Changes
Separately, Stifel Nicolaus decreased their target price on shares of Bear Creek Mining from C$2.10 to C$1.80 in a research note on Wednesday, July 26th.
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Bear Creek Mining Stock Performance
About Bear Creek Mining
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. The company holds 100% interest in Corani property that consists of various mineral concessions covering an area of approximately 6,500 hectares located to the southeast of Cusco, Peru; and holds 100% interest in Mercedes Gold Mine project consists of various mineral concessions covering an area of approximately 69,284 hectares located in Sonora, Mexico.
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