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Bear Creek Mining Corporation (V:BCM)

Business Focus: Diversified Mining

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