Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Rating Lowered to “Hold” at StockNews.com

StockNews.com downgraded shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) from a buy rating to a hold rating in a research note released on Monday.

Separately, Scotiabank raised shares of Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price target on the stock in a report on Thursday, November 21st.

Compañía de Minas Buenaventura S.A.A. Trading Up 2.1 %

Shares of Compañía de Minas Buenaventura S.A.A. stock opened at $12.87 on Monday. The firm has a market capitalization of $3.27 billion, a PE ratio of 9.13 and a beta of 0.80. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. The firm’s 50 day moving average is $12.71 and its 200 day moving average is $12.91. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $11.50 and a 1 year high of $18.84.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last announced its quarterly earnings results on Thursday, February 20th. The mining company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.07). The company had revenue of $299.59 million for the quarter, compared to the consensus estimate of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a net margin of 32.40% and a return on equity of 6.15%. Equities research analysts forecast that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Compañía de Minas Buenaventura S.A.A.

A number of institutional investors have recently added to or reduced their stakes in the business. Tidal Investments LLC grew its holdings in Compañía de Minas Buenaventura S.A.A. by 56.6% during the 4th quarter. Tidal Investments LLC now owns 3,332,263 shares of the mining company’s stock worth $38,388,000 after acquiring an additional 1,204,879 shares during the last quarter. FIL Ltd grew its holdings in Compañía de Minas Buenaventura S.A.A. by 810.7% during the 4th quarter. FIL Ltd now owns 2,635,020 shares of the mining company’s stock worth $30,355,000 after acquiring an additional 2,345,676 shares during the last quarter. Canada Pension Plan Investment Board bought a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth approximately $25,970,000. JPMorgan Chase & Co. grew its holdings in Compañía de Minas Buenaventura S.A.A. by 23.9% during the 4th quarter. JPMorgan Chase & Co. now owns 2,103,645 shares of the mining company’s stock worth $24,234,000 after acquiring an additional 405,601 shares during the last quarter. Finally, Sagil Capital LLP grew its holdings in Compañía de Minas Buenaventura S.A.A. by 35.1% during the 4th quarter. Sagil Capital LLP now owns 1,658,518 shares of the mining company’s stock worth $19,106,000 after acquiring an additional 430,960 shares during the last quarter.

Compañía de Minas Buenaventura S.A.A. Company Profile

Compañía de Minas Buenaventura SAA. engages in the exploration, development, construction, and operation of mineral processing business. The company explores for gold, silver, lead, zinc, and copper metals. It operates operating mining units, including Tambomayo located in the Caylloma province, Orcopampa Unit located in the province of Castilla, Uchucchacua located in province of Oyón, Julcani located in province of Angaraes, Peru, as well as San Gabrie located in the province of General Sánchez Cerro, in the Moquegua region.