Tuesday, May 17, 2011

Compania Mina Buenaventura, S.A (NYSE:BVN) Climbs Monday

Shares of Compania Mina Buenaventura, S.A (NYSE:BVN) was up Monday even as gold and silver prices were down slightly on the trading day.

Gold for June delivery shed $3 to close at $1,490.60 at the Comex division of the New York Mercantile Exchange. The gold price Monday traded in a range of a low of $1,486 and a high of $1,504.30.

Silver prices ended the day down 88 cents to close at $34.13 an ounce.

The U.S. dollar index fell 0.43 percent to $75.38.

The euro strengthened as Monday trading went on, putting pressure on the U.S. dollar.

Compania de Minas Buenaventura S.A.A. participates in the exploration, mining, and processing of gold, silver, and a variety of metals in Peru.

Compania Mina Buenaventura, S.A (BVN) closed at $39.16, gaining $0.75, or 1.95 percent.

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