The market has been high on Compania de Minas Buenaventura SAA (BVN) stock recently. BVN gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Recent trends are a good indator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With BVN Stock Today?
Compania de Minas Buenaventura SAA (BVN) stock is up 1.16% while the S&P 500 is lower by -0.93% as of 11:44 AM on Thursday, Jul 9. BVN has risen $0.11 from the previous closing price of $9.48 on volume of 630,034 shares. Over the past year the S&P 500 is higher by 5.40% while BVN is lower by -41.17%. BVN lost -$0.45 per share in the over the last 12 months.
To see the top 5 stocks in the Other Precious Metals & Mining industry click here.
More About Compania de Minas Buenaventura SAA
Buenaventura Mining Co Inc is a mining company involved in exploring, mining, and processing primarily gold and silver. The company's operating segments are Exploration and development activities; Energy generation and transmission services; Insurance brokerage; Rental of mining concessions; Holding of investment in shares and Industrial activities. It generates maximum revenue from the Exploration and development activities segment. Geographically, it derives a majority of revenue from Asia.
