Sector: Basic Materials | Industry: Diversified Mining |
Company Contact | |
Address: | Suite 1400, 400 Burrard Street VANCOUVER BC V6C 3A6 |
Tel: | 1-604-6281111 |
Website: | https://www.bearcreekmining.com |
IR: | See website |
Key People | ||
Eric Caba President, Chief Executive Officer | Zoya Shashkova Chief Financial Officer | Brian Peer Chief Operating Officer |
Barbara Henderson Vice President Corporate Communications, Corporate Secretary | Andres Franco Vice President, Corporate Development |
Business Overview |
Bear Creek Mining Corporation is a Canada-based precious metals producer. The Company is engaged in the production and sale of gold and silver, as well as other related activities, including exploration and development of precious and base metal properties in Peru and Mexico. The 100% owned Mercedes Gold Mine is located in Sonora, Mexico, approximately 250 kilometers (km) northeast of Hermosillo, Mexico and 300 km south of Tucson, Arizona. The Mercedes property consists of 43 mineral concessions totaling 69,284 hectares. The 100% owned Corani silver-lead-zinc property is located in the district of Corani, province of Carabaya, in the department of Puno in southern Peru. The Corani deposit sits at an elevation of between 4,800 and 5,200 meters above sea level, on the eastern side of the Continental Divide in the Andes Mountains. The project consists of thirteen mineral concessions that form a contiguous block of ground covering approximately 5,500 hectares. |
Financial Overview |
For the nine months ended 30 September 2023, Bear Creek Mining Corp revenues increased 72% to $63M. Net loss increased from $11.6M to $29M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Basic Earnings per Share excluding Extraordinary Items decreased from -$0.08 to -$0.18. |
Employees: | 714 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $109.99M as of Sep 30, 2023 |
Annual revenue (TTM): | $120.28M as of Sep 30, 2023 |
EBITDA (TTM): | $12.78M as of Sep 30, 2023 |
Net annual income (TTM): | -$55.15M as of Sep 30, 2023 |
Free cash flow (TTM): | -$18.82M as of Sep 30, 2023 |
Net Debt Last Fiscal Year: | $25.32M as of Sep 30, 2023 |
Shares outstanding: | 227,575,785 as of Feb 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |