Bloomberg News

Peru Stocks: Candente, Maple, IRL, Panoro, Relapasa

May 28, 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) rose for a third session, gaining 0.5 percent to 20,849.26. The MSCI All Peru Capped Index climbed 0.2 percent to 2,662.38.

Panoro Minerals Ltd. (PML) , a Canadian copper and gold exploration company, jumped 7.5 percent to 72 cents as copper advanced in London and investors bet the company will take on a partner, said Jose Luis Bustamante, head of trading at Cartisa SAB.

Candente Copper Corp. (DNT) , a Canadian copper exploration company, rose 1.7 percent to 59 cents.

Refineria la Pampilla SA (RELAPAC1 PE), a unit of Repsol YPF SA, climbed 2.4 percent to 86 centimos after crude gained for a third day in electronic trading in New York.

Maple Energy Plc (MPLE) , the oil and natural gas producer with operations in Peru, advanced 1 percent to $1.05.

Minera IRL Ltd. (MIRL) , a U.K. gold producer with a mine in Peru, fell 1.3 percent to 78 cents after bullion rose in London.

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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