Bloomberg News

Peru Stocks: Atacocha, Minera IRL, Rio Alto, Southern Copper

May 15, 2012

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.

The Lima General Index (IGBVL) fell for a third session, dropping 1.8 percent to 20,871.12. The MSCI All Peru Capped Index slid 1.7 percent to 2,680.09.

Cia. Minera Atacocha SA (ATACOBC1 PE), the Lima-based silver and zinc mining company, plunged 7.7 percent to 48 centimos, a three-year low, after silver declined for a seventh day in New York.

Minera IRL Ltd. (MIRL) , a U.K. gold producer with a mine in Peru, fell 8.2 percent to 90 cents after gold slumped to a 19-week low in New York, said Francisco Miranda, an analyst at Lima-based investment fund NC&F Inversiones SA.

Rio Alto Mining Ltd. (RIO) , a Canadian gold miner, dropped 4.6 percent to $3.77.

Panoro Minerals Ltd. (PML) , a Canadian copper and gold exploration company, slid 4.6 percent to 62 cents after copper declined to a four-month low in New York.

Southern Copper Corp. (SCCO:US) , Peru’s biggest copper producer, dropped 3.8 percent to $29.10.

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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Companies Mentioned

  • SCCO
    (Southern Copper Corp)
    • $28.31 USD
    • 0.41
    • 1.45%
Market data is delayed at least 15 minutes.
 
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