Bloomberg News

Peru Stocks: Alturas, Buenaventura, Relapasa, Southern Copper

October 05, 2011

Oct. 5 (Bloomberg) -- The following companies had unusual price changes in Peru trading. Stock symbols are in parentheses and share prices are as of 4:10 p.m. New York time.

The Lima General Index rose for the first session in six, gaining 1.3 percent to 17,543.34. The MSCI All Peru Capped Index climbed 2.7 percent to 2,278.95.

Miners rebounded after U.S. stocks rallied and metals advanced in New York and London, said Javier Frisancho, a trader at Lima-based brokerage Kallpa Securities SAB.

Alturas Minerals Corp. (ALT PE), a Canadian gold and copper exploration company, rose 10 percent to 11 cents. Southern Copper Corp. (SCCO PE), Peru’s biggest copper producer, jumped 9.2 percent to $26, its biggest one-day gain since June 2009. Rio Cristal Resources Corp. (RCZ PE), a Canadian exploration company, gained 9.1 percent to 12 cents. Cia. de Minas Buenaventura SAA (BVN PE), the country’s biggest precious-metals miner, surged 8.2 percent to $39.50. Candente Copper Corp. (DNT PE), a Canadian exploration company, climbed 7.4 percent to 87 cents. Panoro Minerals Ltd. (PML PE), a Canadian copper and gold exploration company, rose 5.7 percent to 37 cents.

Refineria la Pampilla SA (RELAPAC1 PE), a unit of Spain’s Repsol YPF SA known as Relapasa, advanced 2.8 percent to 73 centimos as crude surged in New York.

--Editor: Glenn J. Kalinoski

To contact the reporter on this story: Alex Emery in Lima at aemery1@bloomberg.net.

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


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