BVN stock: buy or sell?
December 6th, 2019
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?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading plan that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Buenaventura Mining stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Buenaventura Mining stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 3 ratings published for BVN stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-3-19||JPMorgan Chase & Co.||n/a||Overweight|
|2019-2-25||Morgan Stanley||Overweight||Equal Weight|
|2019-2-19||Goldman Sachs Group||n/a||Sell|
BVN stock analysis
Buenaventura Mining shares collapsed -3.54% to $14.73 today.
Buenaventura Mining collapsed a terrifying -3.54% and closed at $14.73. Since price and SMA200d lines crossed down on Nov/5, BVN fell $-0.96 per share (-6.12%).
Buenaventura Mining closed this week at $14.73 and dropped a terrifying -4.16%. Late October BVN climbed an extraordinary 10.15% in just one week.
Since late July, when BVN stock price broke down the 40-weeks moving avarage line, it slid $-1.29 per share (-8.05%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.
BVN stock price history
BVN stock went public on May 15th, 1996 with a price of $2.851. Since then, BVN stock surged a 416.80%, with an average of 18.10% per year. If you had invested right after BVN's IPO a $1,000 in BVN stock in 1996, it would worth $4,168.00 today.
1: Adjusted price after possible price splits or reverse-splits.
BVN stock historical price chart
BVN stock reached 52-week highs on July at $17.82, and all-time highs 2010-11-09 with a price of 53.42.
BVN stock price target is $18.00Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' BVN stock price predictions in the hope that they will be met as they may be wrong and not met. Currently, only 1 price forecast for Buenaventura Mining stock was posted in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-3-19||JPMorgan Chase & Co.||Raises Target||$14.00||$18.00||28.6%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Buenaventura Mining missed the estimates of the experts and reported a dreadful EPS of $0.05 per share when experts were expecting $0.09.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Buenaventura Mining annual revenues fell a terrible -8.40% to $1,167.38 M dollars from $1,274.38 marked in 2017. When comparing 2018 vs 2017, slightly better, profit margin (that is, the net income divided by revenues) eased a -5.92% to -1.15%.
|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||$1,069 M||12.28%||$-323.49 M-30.3%||1.98%|
|2017||$1,274 M||19.24%||$61 M4.8%||-118.80%|
|2018||$1,167 M||-8.40%||$-13.45 M-1.2%||-122.11%|
Quarterly financial resultsBuenaventura Mining posted $256.02 M in revenues for 2018-Q4, a -5.82% decline compared to previous quarter. Reported quarter earnings marked $-72.85 M with a profit margin of -28.46%. Profit margin plunged 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 bloodcurdling correction and plummed a -30.92%. Looking back to recent quarterly results, Buenaventura Mining posted 2 negative quarters in a row.
|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 M||0.51%||$8.31 M2.2%||-169.12%|
|2018-Q1||$317 M||-14.49%||$28.42 M9.0%||241.97%|
|2018-Q2||$323 M||1.78%||$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 ownershipWhen you are planning to invest in a company, it's always worth to have a look its ownership structure.
Buenaventura Mining shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.00% of all shares.
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 stocks:
|Market cap||$3.7 B||$2.1 B||$1.6 B||$300.8 M||$16.9 B|
|Total shares||254.0 M||204.8 M||236.4 M||139.9 M||1,450.0 M|
|Float shares||212.1 M||180.5 M||236.9 M||138.6 M||1,410.0 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, December 6th, 2019|
|Day range||$14.70 - $15.15|
|Average true range||$0.38|
|50d mov avg||$14.82|
|100d mov avg||$15.03|
|200d mov avg||$15.58|
Buenaventura Mining performanceStocks 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 performance 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:
|AGFirst Majestic Si...||6.08%||62.58%||103.70%|
|PAASPan American Silv...||11.85%||71.75%||44.67%|
|WPMWheaton Precious ...||-5.02%||19.82%||67.30%|