BVN stock: buy or sell?

BVN stock price: $14.67 -0.41% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

1

Buenaventura Mining declined a disappointing -0.41% and closed at $14.67.

Compañía de Minas Buenaventura S.A.A., a precious metals company, engages in the exploration, mining, and processing of gold, silver, lead, zinc, and copper metals in Peru.

Should I buy BVN stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Buenaventura Mining stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean BVN will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Buenaventura Mining stock a buy?

Financial institutions and banks post stock ratings everyday. At Stocks2.com, we gathered 4 ratings published for BVN stock in the last month.

The general sentiment of these ratings is bearish for BVN stock, with 2 negative ratings.
Is BVN a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-3-19JPMorgan Chase & Co.n/aOverweight
2019-2-25Morgan StanleyOverweightEqual Weight
2019-2-19Goldman Sachs Groupn/aSell
2019-1-18ScotiabankSector PerformUnderperform

BVN stock analysis

Daily outlook

Shares of Buenaventura Mining declined a disappointing -0.41% and closed at $14.67.

Shares of Buenaventura Mining ended today at $14.67 and declined a disappointing -0.41%. In the last 20 days when BVN stock price broke down the SMA200d line, it slid $-1.16 per share (-7.33%). Since SMA50d and SMA100d crossed up on August/7, BVN price slid a -5.17%.

BVN stock chart (daily)

Weekly outlook

After sliding a dreadful -9.30% in a week last week, Buenaventura Mining closed this week at $14.67 and rose a beatiful 2.59%.

Since late July, when BVN stock price broke down the 40-weeks moving avarage line, it slid $-1.38 per share (-8.60%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.

BVN stock chart (weekly)

BVN stock price history

BVN IPO was on May 15th, 1996 at $3.44 per share1. Since then, BVN stock grew a 326.50%, with a yearly average of 14.20%. If you had invested $1,000 in BVN stock in 1996, it would worth $3,265.00 today.

1: Adjusted price after possible price splits or reverse-splits.

BVN stock historical price chart

BVN stock reached 52-week highs on Jul/25 at $17.85, and all-time highs 2010-11-09 with a price of 53.52.

BVN stock price target is $18.00

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. Currently, only 1 price forecast for Buenaventura Mining stock was posted in the last 30 days:
BVN stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-3-19JPMorgan Chase & Co.Raises Target$14.00$18.0028.6%
(in average)$14.00$18.0029.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

Buenaventura Mining failed experts on February when it published an Earnings per Share (EPS) of $0.05 when the market consensus was $0.09.
BVN earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a-0.01n/a
2017-Q3-n/a-0.04n/a
2017-Q42018-02-280.270.17-37.0%
2018-Q12018-04-260.180.11-38.9%
2018-Q22018-07-260.240.16-33.3%
2018-Q32018-10-250.19-0.04n/a
2018-Q42019-02-210.090.05-44.4%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual revenues report draw a terrifying slide of -8.40% to $1,167.38 M USD. Slightly better, its income margin (compared to revenues) dropped to -1.15%, that is $-13.45 million.

BVN annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$3,460 M-$-274.87 M-7.9%-
2014$1,176 M-66.02%$-76.07 M-6.5%-72.33%
2015$952 M-19.04%$-317.21 M-33.3%317.02%
2016$1,069 M12.28%$-323.49 M-30.3%1.98%
2017$1,274 M19.24%$61 M4.8%-118.80%
2018$1,167 M-8.40%$-13.45 M-1.2%-122.11%

Quarterly financial results

Buenaventura Mining posted $256.02 million in revenues for 2018-Q4, a -5.82% decline compared to previous quarter. Reported quarter income marked $-72.85 M with a profit margin of -28.46%. Profit margin plummed a -24.67% compared to previous quarter when profit margin was -3.78%. When comparing turnover to same quarter last year, Buenaventura Mining sales marked a spooky loss and collapsed a -30.92%. Looking back to recent quarterly results, Buenaventura Mining posted 2 negative quarters in a row.
BVN quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$858 M-$-6.77 M-0.8%-
2017-Q3$369 M-57.02%$-12.02 M-3.3%77.59%
2017-Q4$371 M0.51%$8.31 M2.2%-169.12%
2018-Q1$317 M-14.49%$28.42 M9.0%241.97%
2018-Q2$323 M1.78%$41.28 M12.8%45.25%
2018-Q3$272 M-15.72%$-10.29 M-3.8%-124.92%
2018-Q4$256 M-5.82%$-72.85 M-28.5%608.21%
2019-Q1$186 M-27.29%$27.27 M14.6%-137.42%

Buenaventura Mining ownership

When you are planning to invest in shares of a company, it's always worth to have a look its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Buenaventura Mining, 0.00% of all outstanding shares are owned by its staff.

In case of Buenaventura Mining stock, 64.69% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for BVN stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related companies:

BVNAGCDEEXKFCX
Market cap$3.7 B$2.1 B$1.0 B$320.8 M$13.2 B
Total shares254.0 M200.6 M205.1 M131.5 M1,450.0 M
Float shares202.5 M179.1 M218.4 M130.8 M1,400.0 M
  - Institutional holdings (%)64.7%0.0%72.6%0.0%72.4%
  - Insider holdings (%)0.0%0.0%1.8%0.0%0.5%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

BVN summary

Thursday, August 22nd, 2019
Open$14.60
Close$14.67
Day range$14.45 - $14.77
Previous close$14.73
Session gain-0.41%
Average true range$0.62
50d mov avg$16.02
100d mov avg$15.87
200d mov avg$15.78
Daily patternlt03a
Weekly pattern

Buenaventura Mining performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Buenaventura Mining to First Majestic Silver, Coeur Mining, Endeavour Silver, Freeport-McMoran, Hecla Mining, Newmont Mining, Pan American Silver, Southern Copper, SSR Mining and Wheaton Precious Metals:
Stock3m6m12m
BVNBuenaventura Mini...0.96%-12.89%15.79%
AGFirst Majestic Si...84.13%58.66%89.47%
CDECoeur Mining71.43%-5.93%-12.77%
EXKEndeavour Silver40.23%-2.40%4.72%
FCXFreeport-McMoran-8.97%-30.36%-35.88%
HLHecla Mining16.55%-37.21%-43.55%
NEMNewmont Mining21.11%9.07%25.82%
PAASPan American Silv...61.32%19.11%7.92%
SCCOSouthern Copper-8.77%-14.65%-27.84%
SSRMSSR Mining43.08%9.17%76.32%
WPMWheaton Precious ...33.69%22.25%52.56%

Buenaventura Mining competitors

One check before trading any stock is to have a look a list of its competitors, in this case for Buenaventura Mining. We selected 10 companies as Buenaventura Mining competitors as they are in the same industry or have similar market objectives.