Buenaventura Stock Price Slides on 51 Percent Drop in Quarterly Profits

Reuters reported that Peruvian precious metals miner Buenaventura’s stock price fell on news that the company’s profits for Q1 tumbled 51 percent.

As quoted in the Reuters report:

The company said on Friday that contract workers at one of the company’s main silver mine returned to work after striking for ten days. It did not say whether the strike affected output at its Uchucchacua mine in central Peru of about 11 million ounces of silver per year.

To view the whole Reuters report, click here.