Alert: Negative Investment/Fundamental Signals (12/5/23)-Compania De Minas Buenaventura S (NYSE: BVN)

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Significant negative changes in investment behavior have recently occurred for Compania De Minas Buenaventura S (NYSE: BVN): the stock fell on very heavy volume.

Meaningful negative changes in fundamentals have recently occurred for Compania De Minas Buenaventura S (NYSE: BVN): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

BVN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Compania De Minas Buenaventura S has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Compania De Minas Buenaventura S has a good Appreciation Score of 74 and a good Power Rating of 75, with the Highest Value Trend Rating the result.

Recent Price Action

Compania De Minas Buenaventura S (NYSE: BVN) stock closed at $9.30 on 12/5/23 after a slight decline of -0.7%. Moreover, trading volume in this decline was exceptionally high at 510% of normal. The stock is unchanged during the last week and has been exceptionally strong relative to the market over the last nine months.

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