Bear Creek Mining Upgraded to Outperform by BMO Capital Markets (BCM)
Bear Creek Mining (CVE:BCM) was upgraded by research analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a report released on Thursday, Stock Ratings Network.com reports. The firm currently has a C$3.00 price objective on the stock, up from their previous price objective of C$2.35. BMO Capital Markets’ price objective points to a potential upside of 53.06% from the stock’s previous close.
Separately, analysts at Canaccord Genuity raised their price target on shares of Bear Creek Mining from C$2.60 to C$3.00 in a research note on Wednesday, February 26th. They now have a “speculative buy” rating on the stock. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of C$3.00.
Bear Creek Mining Corporation (CVE:BCM) is engaged in the acquisition, exploration and development of precious and base metal properties located principally in Peru.
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