Tobam Decreases Stock Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Tobam lowered its stake in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 57.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 9,094 shares of the mining company’s stock after selling 12,297 shares during the period. Tobam’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $105,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. lifted its position in Compañía de Minas Buenaventura S.A.A. by 5.5% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 381,561 shares of the mining company’s stock valued at $4,396,000 after purchasing an additional 20,000 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in Compañía de Minas Buenaventura S.A.A. by 41.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company’s stock valued at $58,000 after buying an additional 1,389 shares during the last quarter. R Squared Ltd bought a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 4th quarter valued at $74,000. Matthews International Capital Management LLC purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter worth $290,000. Finally, Blue Trust Inc. grew its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 20.9% in the fourth quarter. Blue Trust Inc. now owns 55,843 shares of the mining company’s stock worth $643,000 after acquiring an additional 9,666 shares during the period.

Compañía de Minas Buenaventura S.A.A. Trading Down 0.8 %

NYSE:BVN opened at $13.07 on Friday. Compañía de Minas Buenaventura S.A.A. has a one year low of $11.50 and a one year high of $18.84. The business has a fifty day moving average price of $12.60 and a 200-day moving average price of $13.11. The firm has a market capitalization of $3.32 billion, a price-to-earnings ratio of 9.27 and a beta of 0.80. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.82 and a quick ratio of 1.64.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Scotiabank raised Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 target price on the stock in a report on Thursday, November 21st. StockNews.com upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research note on Friday, December 27th.

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.