Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Sold by BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp trimmed its holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 19.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 65,350 shares of the mining company’s stock after selling 15,400 shares during the quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $1,108,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Barometer Capital Management Inc. bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at $120,000. Compass Group LLC lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 57.5% during the fourth quarter. Compass Group LLC now owns 164,390 shares of the mining company’s stock valued at $2,505,000 after purchasing an additional 60,000 shares during the last quarter. Creekmur Asset Management LLC acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at $60,000. Atlas Capital Advisors LLC increased its stake in Compañía de Minas Buenaventura S.A.A. by 4,608.2% in the 1st quarter. Atlas Capital Advisors LLC now owns 27,637 shares of the mining company’s stock worth $439,000 after purchasing an additional 27,050 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its holdings in Compañía de Minas Buenaventura S.A.A. by 5.8% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 367,011 shares of the mining company’s stock worth $5,828,000 after buying an additional 20,000 shares during the period.

Analyst Ratings Changes

BVN has been the subject of several recent analyst reports. Scotiabank decreased their target price on shares of Compañía de Minas Buenaventura S.A.A. from $16.00 to $15.00 and set a “sector underperform” rating for the company in a report on Monday, August 19th. Morgan Stanley lowered their price objective on shares of Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, September 19th.

Compañía de Minas Buenaventura S.A.A. Price Performance

NYSE BVN opened at $14.08 on Monday. The company has a 50 day simple moving average of $13.82 and a 200-day simple moving average of $15.81. Compañía de Minas Buenaventura S.A.A. has a 52-week low of $7.73 and a 52-week high of $18.84. The firm has a market capitalization of $3.58 billion, a price-to-earnings ratio of 234.67 and a beta of 0.81. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.40 and a quick ratio of 1.17.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last issued its earnings results on Tuesday, July 30th. The mining company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.06). Compañía de Minas Buenaventura S.A.A. had a net margin of 9.54% and a return on equity of 3.17%. The company had revenue of $277.11 million for the quarter, compared to analyst estimates of $252.21 million. During the same period last year, the business earned ($0.03) EPS. Equities research analysts predict that Compañía de Minas Buenaventura S.A.A. will post 1.23 earnings per share for the current fiscal year.

Compañía de Minas Buenaventura S.A.A. 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.