Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Raised to Buy at StockNews.com

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday.

Separately, Scotiabank boosted their price target on Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the company a “sector perform” rating in a research note on Monday, April 14th.

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

BVN opened at $14.39 on Thursday. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07. The stock has a market cap of $3.65 billion, a price-to-earnings ratio of 10.21 and a beta of 0.37. Compañía de Minas Buenaventura S.A.A. has a 12-month low of $11.50 and a 12-month high of $18.84. The business has a 50 day moving average of $14.34 and a 200-day moving average of $13.26.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last released its quarterly earnings data on Thursday, February 20th. The mining company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates 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 return on equity of 6.15% and a net margin of 32.40%. On average, equities research analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BVN. SBI Securities Co. Ltd. acquired a new stake in Compañía de Minas Buenaventura S.A.A. during the fourth quarter worth about $50,000. Barclays PLC increased its stake in shares of Compañía de Minas Buenaventura S.A.A. by 37.2% in the third quarter. Barclays PLC now owns 161,288 shares of the mining company’s stock valued at $2,232,000 after buying an additional 43,692 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Compañía de Minas Buenaventura S.A.A. by 212.0% during the third quarter. JPMorgan Chase & Co. now owns 1,698,044 shares of the mining company’s stock valued at $23,501,000 after acquiring an additional 1,153,819 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Compañía de Minas Buenaventura S.A.A. by 16.7% in the 4th quarter. Bank of New York Mellon Corp now owns 197,202 shares of the mining company’s stock valued at $2,272,000 after buying an additional 28,261 shares during the last quarter. Finally, Matthews International Capital Management LLC acquired a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter valued at approximately $290,000.

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.