Bloomberg News

Peru Stocks: Atacocha, Buenaventura, Candente, Rio Alto

May 03, 2012

The following companies had unusual price changes in Peru trading. Stock symbols are in parentheses, and share prices are as of market close in Lima.

The Lima General Index (IGBVL) fell for a third session, dropping 1.4 percent to 22,055.99. The MSCI All Peru Capped Index fell 1.3 percent to 2,888.63.

Cia. Minera Atacocha SA (ATACOBC1 PE), the Lima-based zinc and silver mining company, fell 5.4 percent to 53 centimos after zinc slumped for a third session in London.

Volcan Cia. Minera SAA (VOLCABC1 PE), Peru’s largest zinc and silver producer, dropped 1.6 percent to 3.08 soles after first-quarter net income declined 7 percent to $70.8 million, said Estefany Castillo, an analyst at Scotiabank Peru.

Cia. de Minas Buenaventura SAA (BVN:US) (BVN PE), the country’s biggest precious-metals miner, dropped 4 percent to $39.60 after gold fell in New York.

Rio Alto Mining Ltd. (RIO) , a Canadian gold miner, slid 2.4 percent to $4.10.

Candente Copper Corp. (DNT) , a Canadian mining exploration company with operations in Peru, declined 2.8 percent to 69 cents after copper fell in New York.

To contact the reporter on this story: Alexander 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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Companies Mentioned

  • BVN
    (Cia de Minas Buenaventura SAA)
    • $10.09 USD
    • -0.19
    • -1.88%
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