Buenaventura Mining Company (BVN) has been under a strong bear grip, hence the stock is down -8.01% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.9% in the past 1 week. The stock has risen by 3.42% in the past week indicating that the buyers are active at lower levels, but the stock is down -8.13% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 4.81% and the 50-Day Moving Average is 2.37%.The 200 Day SMA reached 65.87%. Compania de Minas Buenaventura S.A.A. is up 27.64% in the last 3-month period. Year-to-Date the stock performance stands at 224.77%.
Buenaventura Mining Company (NYSE:BVN): After opening at $13.81, the stock dipped to an intraday low of $13.48 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $14 and the buying power remained strong till the end. The stock closed at $13.9 for the day, a gain of 5.54% for the day session. The total traded volume was 1,538,927. The stocks close on the previous trading day was $13.17.
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.