Compania de Minas Buenaventura S.A. ADR (NYSE: BVN) is -2.20% lower on its value in year-to-date trading and has touched a low of $11.50 and a high of $17.59 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 $16.38 in the last trading session, with the day’s gains setting it 0.55%.
Currently trading at $16.93, the stock is 2.90% and 6.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.46 million and changing 3.36% at the moment leaves the stock 21.19% off its SMA200. BVN registered 46.96% gain for a year compared to 6-month gain of 32.47%. The firm has a 50-day simple moving average (SMA 50) of $15.7476 and a 200-day simple moving average (SMA200) of $13.931.
The stock witnessed a 2.23% loss in the last 1 month and extending the period to 3 months gives it a 13.47%, and is 2.61% up 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 3.44% over the week and 2.74% over the month.
Current P/E ratio is 8.93 and Fwd P/E is 9.73. Profit margin for the company is 39.60%. Distance from 52-week low is 47.22% and -3.75% from its 52-week high. The company has generated returns on investments over the last 12 months (11.17%).
The EPS is expected to shrink by -9.79% this year
311.0 institutions hold shares in Compania de Minas Buenaventura S.A. ADR (BVN), with institutional investors hold 76.10% of the company’s shares. The shares outstanding are 253.72M, and float is at 253.72M with Short Float at 1.87%. Institutions hold 61.68% of the Float.
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.
