Stock Analysis

Bear Creek Mining Second Quarter 2024 Earnings: US$0.049 loss per share (vs US$0.049 loss in 2Q 2023)

TSXV:BCM
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Bear Creek Mining (CVE:BCM) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$22.1m (up 11% from 2Q 2023).
  • Net loss: US$11.2m (loss widened by 48% from 2Q 2023).
  • US$0.049 loss per share (in line with 2Q 2023).
earnings-and-revenue-history
TSXV:BCM Earnings and Revenue History August 28th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bear Creek Mining Earnings Insights

Looking ahead, revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Metals and Mining industry in Canada.

Performance of the Canadian Metals and Mining industry.

The company's shares are down 11% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Bear Creek Mining (1 is potentially serious!) that we have uncovered.

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Discover if Bear Creek Mining might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.