Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Buenaventura Mining (BVN) Stock Price
News coverage about Buenaventura Mining (NYSE:BVN) has trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Buenaventura Mining earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the mining company an impact score of 45.5229718874423 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
- ETFs with exposure to Compañía de Minas Buenaventura SAA : September 13, 2017 (finance.yahoo.com)
- Financial Survey: Kinross Gold Corporation (KGC) versus Buenaventura Mining (BVN) (americanbankingnews.com)
- Options Traders Expect Huge Moves in Buenaventura Mining (BVN) Stock (finance.yahoo.com)
- Compañía de Minas Buenaventura SAA :BVN-US: Earnings Analysis: Q2, 2017 By the Numbers : September 11, 2017 (finance.yahoo.com)
Several brokerages have recently issued reports on BVN. BidaskClub raised shares of Buenaventura Mining from a “hold” rating to a “buy” rating in a report on Saturday, August 26th. ValuEngine lowered shares of Buenaventura Mining from a “hold” rating to a “sell” rating in a report on Tuesday, June 13th. Finally, Credit Suisse Group reissued a “hold” rating on shares of Buenaventura Mining in a report on Friday, July 28th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. Buenaventura Mining presently has an average rating of “Hold” and an average target price of $15.05.
Buenaventura Mining (NYSE BVN) opened at 13.18 on Friday. The stock has a 50 day moving average of $12.85 and a 200 day moving average of $12.26. Buenaventura Mining has a one year low of $9.87 and a one year high of $15.10. The firm’s market cap is $4.06 billion.
Buenaventura Mining (NYSE:BVN) last announced its earnings results on Thursday, July 27th. The mining company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.24). Buenaventura Mining had a negative return on equity of 11.01% and a negative net margin of 33.54%. The firm had revenue of $256.73 million for the quarter, compared to the consensus estimate of $327.50 million. During the same period in the prior year, the business earned $0.22 EPS. Buenaventura Mining’s quarterly revenue was down 10.0% on a year-over-year basis. Equities research analysts predict that Buenaventura Mining will post $0.91 EPS for the current fiscal year.
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About Buenaventura Mining
Compania de Minas Buenaventura SAA. (Buenaventura) is a precious metals company. The Company is engaged in the exploration, mining and processing of gold, silver and other metals in Peru. The Company’s segments include Production and sale of minerals; Exploration and development activities; Construction and engineering services; Energy generation and transmission services; Insurance brokerage; Rental of mining concessions; Holding of investment in shares (mainly in Minera Yanacocha S.R.L.
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