Buenaventura Mining Company (BVN) : Traders are bullish on Buenaventura Mining Company (BVN) as it has outperformed the S&P 500 by a wide margin of 13.91% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.84%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.28% in the last 1 week, and is up 16.74% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Buenaventura Mining Company (NYSE:BVN): The stock opened at $14.76 on Friday but the bulls could not build on the opening and the stock topped out at $15.34 for the day. The stock traded down to $14.76 during the day, due to lack of any buying support eventually closed down at $15.13 with a loss of -2.70% for the day. The stock had closed at $15.55 on the previous day. The total traded volume was 1,628,970 shares.
The stock has recorded a 20-day Moving Average of 12.71% and the 50-Day Moving Average is 26.85%. Compania de Minas Buenaventura S.A.A. is up 50.7% in the last 3-month period. Year-to-Date the stock performance stands at 253.5%.
Buenaventura Mining Company (BVN) : The highest short term price target forecast on Buenaventura Mining Company (BVN) is $17 and the lowest target price is $7. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $10.23 with a standard deviation of $3.41.
Compania de Minas Buenaventura SAA (Buenaventura) is a Peru-based mining company engaged in the exploration, mining, smelting and commercialization of gold and silver, as well as other metals and minerals. The Company operates directly seven Peruvian mining units located in Uchucchacua, Orcopampa, Poracota, Julcani, Recuperada, Antapite and Ishihuinca; as well as indirectly the mines of Shila-Paula, La Zanja and Colquijirca. Through its subsidiaries, the Company is also involved in the generation and distribution of electric power, as well as in the provision of engineering and chemical processing services. The Company owns such subsidiaries as Compania Minera Condesa SA, Minera La Zanja SRL, Inversiones Colquijirca SA, Consorcio Energetico de Huancavelica SA, Buenaventura Ingenieros SA, CEDIMIN SAC and Minera Julcani Sa de CV, among others.