Compania de Minas Buenaventura S.A. ADR (NYSE: BVN) Drops -5.98% Over A Month, But Analysts Still See Upside Potential

Compania de Minas Buenaventura S.A. ADR (NYSE:BVN) currently has a daily average trading volume of 1.12M but it saw 856082 shares traded in last market. With a market cap of 3.67B USD, the company’s current market price of $14.46 came falling about -1.30 while comparing to the previous closing price of $14.65. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.84 and as low as $11.50. In the recent trading on the day, stock has struck highest price mark of $14.15 while lowest mark touched by it was $14.85.

Taking a look at 20-day trading activity of Compania de Minas Buenaventura S.A. ADR (BVN) gives us an average price of $14.62, while its current price level is -23.25% below from 52-week high level whereas it is 25.74% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $14.11 while that of 200 days or SMA-200 reads an average of $13.59. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.32% during that period while stretching the period over a month that increases to 4.87%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.95 which implies that the stock is in neutral territory.

Morgan Stanley upgraded its recommendation for the stock as a “Overweight” from “Equal-Weight” on June 21, 2024 while assigning a price target of $21.

Over the week, BVN’s stock price is moving -3.08% down while it is -5.98% when we observe its performance for the past one month. Year-to-date it is 25.52% up and over the past year, the stock is showing a downside performance of -9.17%.

The company is expected to be releasing its next quarterly report on 2025-Apr-17, for which analysts forecasted an EPS of 0.31 while estimate for next year EPS is 1.41. In next quarter, company is expected to be making quarterly sales of $267.71M as analysts are expecting the sales for current fiscal year at $1.21B and seeing the company making $1.32B in sales next year. Moreover, analysts are in estimates of $294.92M for current-quarter revenue.

Currently, Compania de Minas Buenaventura S.A. ADR’s total number of outstanding shares is 253.72M with 18.94% of that held by the insiders while 59.31% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 10.05% and return on equity (ROE) at 12.62%. It has a price to earnings ratio (P/E ratio) of 9.12 while having a 8.05 of forward P/E ratio. Stock’s beta reads 0.44. Stock has a price to book (P/B) ratio of 1.08 while price to sale or P/S ratio amounts to 3.18. Its return on asset (ROA) is 8.43% on average.