TSXV:BCM

Stock Analysis Report

Bear Creek Mining

Executive Summary

Bear Creek Mining Corporation, an exploration stage company, engages in the acquisition, exploration, and development of precious and base metal properties in Peru.

Snowflake

Fundamentals

Flawless balance sheet with poor track record.

Share Price & News

How has Bear Creek Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BCM has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-8.9%

BCM

-1.7%

CA Metals and Mining

1.1%

CA Market


1 Year Return

99.2%

BCM

24.7%

CA Metals and Mining

6.9%

CA Market

Return vs Industry: BCM exceeded the Canadian Metals and Mining industry which returned 24.7% over the past year.

Return vs Market: BCM exceeded the Canadian Market which returned 6.9% over the past year.


Shareholder returns

BCMIndustryMarket
7 Day-8.9%-1.7%1.1%
30 Day19.3%0.3%2.6%
90 Day7.8%-4.8%4.6%
1 Year99.2%99.2%25.8%24.7%10.4%6.9%
3 Year6.8%6.8%-4.7%-6.5%18.6%8.0%
5 Year30.6%30.6%18.8%14.8%27.1%8.6%

Price Volatility Vs. Market

How volatile is Bear Creek Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bear Creek Mining undervalued compared to its fair value and its price relative to the market?

1.66x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BCM's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BCM's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BCM is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: BCM is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BCM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BCM is overvalued based on its PB Ratio (1.7x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

How is Bear Creek Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

21.5%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bear Creek Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Bear Creek Mining performed over the past 5 years?

31.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCM has high quality earnings.

Growing Profit Margin: Insufficient data to determine if BCM's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: BCM is unprofitable, but has reduced losses over the past 5 years at a rate of 31.8% per year.

Accelerating Growth: Unable to compare BCM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BCM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-15.5%).


Return on Equity

High ROE: BCM has a negative Return on Equity (-13%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Bear Creek Mining's financial position?


Financial Position Analysis

Short Term Liabilities: BCM's short term assets ($32.0M) exceeds its short term liabilities ($3.5M)

Long Term Liabilities: BCM's short term assets (32.0M) exceeds its long term liabilities (11.4M)


Debt to Equity History and Analysis

Debt Level: BCM is debt free.

Reducing Debt: BCM has not had any debt for past 5 years.


Balance Sheet

Inventory Level: BCM has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if BCM's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable BCM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BCM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 77.5% per year.


Next Steps

Dividend

What is Bear Creek Mining's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.7%industryaverage1.2%forecastin3Years0%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate BCM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BCM's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BCM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BCM's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BCM's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

What is the CEO of Bear Creek Mining's salary, the management and board of directors tenure and is there insider trading?

4.2yrs

Average management tenure


CEO

Tony Hawkshaw (66yo)

2.1yrs

Tenure

US$300,000

Compensation

Mr. Anthony Grant Hawkshaw, also known as Tony, BA, CA, has been President, Chief Executive Officer and Director at Bear Creek Mining Corp. since October 1, 2017. Mr. Hawkshaw served as the Chief Financial ...


CEO Compensation Analysis

Compensation vs Market: Tony's total compensation ($USD300.00K) is below average for companies of similar size in the Canadian market ($USD681.85K).

Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.2yrs

Average Tenure

66yo

Average Age

Experienced Management: BCM's management team is considered experienced (4.2 years average tenure).


Board Age and Tenure

1.4yrs

Average Tenure

64yo

Average Age

Experienced Board: BCM's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$22,10019 Jul 19
Frank Tweddle
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$2.21
SellUS$3,20416 Jul 19
Frank Tweddle
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,800
Max PriceUS$1.78
SellUS$14,59615 Jul 19
Frank Tweddle
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares8,200
Max PriceUS$1.78
SellUS$17,00012 Jul 19
Frank Tweddle
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$1.70
SellUS$16,50005 Jul 19
Frank Tweddle
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$1.65
BuyUS$31,75019 Dec 18
Elsiario Antunez de Mayolo
EntityIndividual
Role
Chief Operating Officer
COO, VP of Operations & GM
Shares25,000
Max PriceUS$1.27
BuyUS$41,70013 Dec 18
Anthony Hawkshaw
EntityIndividual
Role
Chief Executive Officer
President
Shares37,100
Max PriceUS$1.15

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Barbara Henderson (54yo)

    Director of Investor Relations & Corporate Secretary

    • Tenure: 4.3yrs
  • Tony Hawkshaw (66yo)

    President

    • Tenure: 2.1yrs
    • Compensation: US$300.00k
  • Andrew Swarthout (67yo)

    Executive Chairman

    • Tenure: 1.9yrs
  • Elsiario Antunez de Mayolo

    COO, VP of Operations & GM

    • Tenure: 6.3yrs
    • Compensation: US$579.46k
  • Paul Tweddle

    Chief Financial Officer

    • Tenure: 1.7yrs
    • Compensation: US$939.09k
  • Christian Rios

    Consultant

    • Tenure: 4.1yrs

Board Members

  • Steve Lang (63yo)

    Independent Director

    • Tenure: 1.4yrs
    • Compensation: US$93.34k
  • Tony Hawkshaw (66yo)

    President

    • Tenure: 2.1yrs
    • Compensation: US$300.00k
  • Catherine McLeod-Seltzer (59yo)

    Co-Chairman

    • Tenure: 1.9yrs
    • Compensation: US$233.93k
  • Kevin Morano (65yo)

    Lead Director

    • Tenure: 0.4yrs
    • Compensation: US$163.89k
  • Andrew Swarthout (67yo)

    Executive Chairman

    • Tenure: 1.9yrs
  • Alan T. Hair (57yo)

    Director

    • Tenure: 0.2yrs
  • Frank Tweddle

    Independent Director

    • Tenure: 8.9yrs
    • Compensation: US$127.76k
  • Erfan Kazemi

    Independent Director

    • Tenure: 1.4yrs
    • Compensation: US$98.21k
  • Alfredo Bullard

    Independent Director

    • Tenure: 0.7yrs

Company Information

Bear Creek Mining Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bear Creek Mining Corporation
  • Ticker: BCM
  • Exchange: TSXV
  • Founded: 1999
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: CA$242.419m
  • Shares outstanding: 103.16m
  • Website: https://www.bearcreekmining.com

Number of Employees


Location

  • Bear Creek Mining Corporation
  • 400 Burrard Street
  • Suite 1400
  • Vancouver
  • British Columbia
  • V6C 3A6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCMTSXV (TSX Venture Exchange)YesCommon SharesCACADApr 2003
OU6DB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2003
BCMBVL (Bolsa de Valores de Lima)YesCommon SharesPEUSDApr 2003
BCEK.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2003

Biography

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, z ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/12 23:34
End of Day Share Price2019/11/12 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.