BVN stock: buy or sell?
August 22nd, 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?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.
|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?
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.
|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
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%.
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 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 $18.00Nobody 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:
|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 ShareBuenaventura Mining failed experts on February when it published an Earnings per Share (EPS) of $0.05 when the market consensus was $0.09.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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.
|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 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.
|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 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:
|Market cap||$3.7 B||$2.1 B||$1.0 B||$320.8 M||$13.2 B|
|Total shares||254.0 M||200.6 M||205.1 M||131.5 M||1,450.0 M|
|Float shares||202.5 M||179.1 M||218.4 M||130.8 M||1,400.0 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$14.45 - $14.77|
|Average true range||$0.62|
|50d mov avg||$16.02|
|100d mov avg||$15.87|
|200d mov avg||$15.78|
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 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...||84.13%||58.66%||89.47%|
|PAASPan American Silv...||61.32%||19.11%||7.92%|
|WPMWheaton Precious ...||33.69%||22.25%||52.56%|