Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Stock Price Passes Above 200 Day Moving Average of $7.33

Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN – Get Rating) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $7.33 and traded as high as $8.32. Compañía de Minas Buenaventura S.A.A. shares last traded at $8.19, with a volume of 963,580 shares changing hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “sell” rating to a “hold” rating in a report on Wednesday, March 1st.

Compañía de Minas Buenaventura S.A.A. Stock Up 1.4 %

The stock’s 50-day simple moving average is $7.91 and its 200-day simple moving average is $7.33. The firm has a market capitalization of $2.08 billion, a P/E ratio of 3.24 and a beta of 0.50. The company has a current ratio of 1.63, a quick ratio of 1.40 and a debt-to-equity ratio of 0.22.

Hedge Funds Weigh In On Compañía de Minas Buenaventura S.A.A.

Several institutional investors and hedge funds have recently made changes to their positions in BVN. Van ECK Associates Corp lifted its position in Compañía de Minas Buenaventura S.A.A. by 5.0% during the 4th quarter. Van ECK Associates Corp now owns 25,099,203 shares of the mining company’s stock valued at $186,989,000 after acquiring an additional 1,196,327 shares during the period. Bank of America Corp DE boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 234.1% in the fourth quarter. Bank of America Corp DE now owns 979,259 shares of the mining company’s stock worth $7,295,000 after purchasing an additional 686,155 shares during the period. BlackRock Inc. lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 4.4% in the third quarter. BlackRock Inc. now owns 15,531,799 shares of the mining company’s stock worth $104,529,000 after buying an additional 660,711 shares in the last quarter. ETF Managers Group LLC lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 26.5% in the third quarter. ETF Managers Group LLC now owns 3,143,173 shares of the mining company’s stock worth $21,154,000 after buying an additional 657,469 shares in the last quarter. Finally, National Bank of Canada FI purchased a new stake in Compañía de Minas Buenaventura S.A.A. during the fourth quarter valued at $3,199,000. Institutional investors own 50.50% of the company’s stock.

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

(Get Rating)

Compañía de Minas Buenaventura SAA engages in the development and exploration of mineral properties. It operates through the following segments: Production and Sale of Minerals, Exploration and Development Activitie, Energy Generation and Transmission Services, Insurance Brokerage, Rental of Mining Concessions, Holding of Investments in Shares, and Industrial Activities.