Bloomberg News

Peru Stocks: Alturas, Maple, Milpo, Southern Copper, Volcan

January 03, 2012

Jan. 3 (Bloomberg) -- The following companies had unusual price changes in Peru trading. Stock symbols are in parentheses and share prices are as of the close of trade in Lima.

The Lima General Index gained for a fourth session, rising 1.6 percent to 19,886.89. The MSCI All Peru Capped Index climbed 1.7 percent to 2,570.50.

Mining stocks surged after metals advanced in New York and London, said Francisco Miranda, an analyst at Lima-based investment fund NC&F Inversiones SA.

Alturas Minerals Corp. (ALT PE), a Canadian copper and gold exploration company, rose 11 percent to 10 cents. Southern Copper Corp. (SCCO PE), the country’s biggest producer of the metal, jumped 5.7 percent to $31.70. Volcan Cia. Minera SAA (VOLCABC1 PE), Peru’s largest zinc and silver producer, gained 4.3 percent to 3.13 soles. Minsur SA (MINSURI1 PE), the world’s fourth-largest tin producer, climbed 3.8 percent to 2.70 soles. Cia. Minera Milpo (MILPOC1 PE), a zinc and silver producer controlled by Sao Paulo-based Votorantim Metais Ltda., rose 3.3 percent to 4.65 soles.

Maple Energy Plc (MPLE PE), the oil and natural gas producer with operations in Peru, rose 2.7 percent to $1.13 after crude jumped to a seven-month high in New York.

--Editor: Brendan Walsh

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


Too Cool for Crisis Management
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus