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 report issued on Friday.

Several other research analysts have also recently issued reports on BVN. Scotiabank raised shares of Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 target price for the company in a report on Thursday, November 21st. Morgan Stanley lowered their price objective on 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. Stock Down 1.0 %

Shares of NYSE:BVN opened at $12.30 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20. The stock has a fifty day simple moving average of $12.63 and a two-hundred day simple moving average of $14.04. Compañía de Minas Buenaventura S.A.A. has a 12-month low of $11.61 and a 12-month high of $18.84. The stock has a market capitalization of $3.12 billion, a price-to-earnings ratio of 8.72 and a beta of 0.80.

Institutional Investors Weigh In On Compañía de Minas Buenaventura S.A.A.

A number of large investors have recently made changes to their positions in the company. Bank of New York Mellon Corp lifted its position in Compañía de Minas Buenaventura S.A.A. by 7.3% during the second quarter. Bank of New York Mellon Corp now owns 180,824 shares of the mining company’s stock valued at $3,065,000 after purchasing an additional 12,365 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in shares of Compañía de Minas Buenaventura S.A.A. by 50.5% during the 2nd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 18,503 shares of the mining company’s stock valued at $314,000 after buying an additional 6,205 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 2nd quarter valued at approximately $347,000. Banque Cantonale Vaudoise increased its holdings in Compañía de Minas Buenaventura S.A.A. by 202.7% in the 2nd quarter. Banque Cantonale Vaudoise now owns 15,398 shares of the mining company’s stock worth $261,000 after acquiring an additional 10,311 shares in the last quarter. Finally, Claro Advisors LLC bought a new stake in Compañía de Minas Buenaventura S.A.A. during the 2nd quarter worth approximately $208,000.

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.