Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Lowered to “Hold” Rating by StockNews.com

StockNews.com downgraded shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) from a buy rating to a hold rating in a research note published on Monday morning.

Separately, Scotiabank upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price target on the stock in a research note on Thursday, November 21st.

Compañía de Minas Buenaventura S.A.A. Stock Up 1.2 %

Shares of BVN opened at $12.76 on Monday. The business’s fifty day moving average price is $12.70 and its two-hundred day moving average price is $12.92. The firm has a market capitalization of $3.24 billion, a price-to-earnings ratio of 9.05 and a beta of 0.80. Compañía de Minas Buenaventura S.A.A. has a 52 week low of $11.50 and a 52 week high of $18.84. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.82.

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 earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $299.59 million for the quarter, compared to the consensus estimate of $315.77 million. On average, analysts predict that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BVN. Point72 Hong Kong Ltd acquired a new position in Compañía de Minas Buenaventura S.A.A. in the third quarter valued at $56,000. SBI Securities Co. Ltd. acquired a new position in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth approximately $50,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 41.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company’s stock worth $58,000 after acquiring 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 fourth quarter valued at approximately $63,000. Finally, R Squared Ltd bought a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter valued at $74,000.

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.