Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Price Target Raised to $15.50 at Scotiabank

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) had its price target boosted by Scotiabank from $15.00 to $15.50 in a report published on Monday,Benzinga reports. They currently have a sector perform rating on the mining company’s stock.

Separately, StockNews.com downgraded shares of Compañía de Minas Buenaventura S.A.A. from a “buy” rating to a “hold” rating in a research report on Monday, February 24th.

Compañía de Minas Buenaventura S.A.A. Stock Up 0.3 %

Shares of NYSE:BVN opened at $14.84 on Monday. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.82 and a quick ratio of 1.64. The stock has a market cap of $3.77 billion, a P/E ratio of 10.52 and a beta of 0.37. Compañía de Minas Buenaventura S.A.A. has a 1-year low of $11.50 and a 1-year high of $18.84. The firm has a fifty day moving average price of $13.95 and a 200 day moving average price of $13.18.

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

Compañía de Minas Buenaventura S.A.A. Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Monday, May 12th. Stockholders of record on Wednesday, April 16th will be paid a dividend of $0.2922 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This is a boost from Compañía de Minas Buenaventura S.A.A.’s previous semi-annual dividend of $0.07. This represents a dividend yield of 0.5%. Compañía de Minas Buenaventura S.A.A.’s dividend payout ratio is 22.15%.

Institutional Trading of Compañía de Minas Buenaventura S.A.A.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. SBI Securities Co. Ltd. acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter worth approximately $50,000. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 41.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company’s stock worth $58,000 after buying an additional 1,389 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at about $63,000. R Squared Ltd acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at approximately $74,000. Finally, GAMMA Investing LLC increased its position in Compañía de Minas Buenaventura S.A.A. by 64.8% during the fourth quarter. GAMMA Investing LLC now owns 9,717 shares of the mining company’s stock worth $112,000 after buying an additional 3,820 shares in 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.