Compania de Minas Buenaventura S.A. ADR (NYSE: BVN) is -8.07% lower on its value in year-to-date trading and has touched a low of $7.73 and a high of $18.84 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BVN stock was last observed hovering at around $14.02 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $14.01, the stock is 5.77% and 1.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.69 million and changing -0.07% at the moment leaves the stock -10.09% off its SMA200. BVN registered 71.48% gain for a year compared to 6-month loss of -13.30%. The firm has a 50-day simple moving average (SMA 50) of $13.7276 and a 200-day simple moving average (SMA200) of $15.5894.
The stock witnessed a 19.54% gain in the last 1 month and extending the period to 3 months gives it a -17.49%, and is -1.96% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.34% over the week and 3.32% over the month.
Current P/E ratio is 37.71 and Fwd P/E is 12.17. Profit margin for the company is 9.54%. Distance from 52-week low is 81.24% and -25.64% from its 52-week high. The company has generated returns on investments over the last 12 months (2.50%).
Compania de Minas Buenaventura S.A. ADR quarterly earnings per share for the current quarter are estimated at 0.26 with sales reaching $263.02M over the same period.The EPS is expected to grow by 1344.17% this year, but quarterly earnings will post 33.60% year-over-year.
The shares outstanding are 253.72M, and float is at 253.67M with Short Float at 2.32%.
The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 30.39 million shares valued at $515.07 million. The investor’s holdings represent 11.9643 of the BVN Shares outstanding. As of 2024-06-30, the second largest holder is WESTWOOD GLOBAL INVESTMENTS, LLC with 12.86 million shares valued at $217.98 million to account for 5.0633 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.92 million shares representing 4.3 and valued at over $185.12 million, while BANK OF NOVA SCOTIA holds 3.7704 of the shares totaling 9.58 million with a market value of $162.32 million.
