Y Intercept Hong Kong Ltd Invests $382,000 in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Y Intercept Hong Kong Ltd purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 27,601 shares of the mining company’s stock, valued at approximately $382,000.

Several other institutional investors have also added to or reduced their stakes in the company. Dorsey Wright & Associates boosted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 13.9% during the third quarter. Dorsey Wright & Associates now owns 174,076 shares of the mining company’s stock worth $2,410,000 after purchasing an additional 21,293 shares during the period. XTX Topco Ltd raised its position in Compañía de Minas Buenaventura S.A.A. by 49.3% during the 3rd quarter. XTX Topco Ltd now owns 62,244 shares of the mining company’s stock valued at $861,000 after purchasing an additional 20,549 shares during the last quarter. Jane Street Group LLC grew its position in shares of Compañía de Minas Buenaventura S.A.A. by 35.9% in the 3rd quarter. Jane Street Group LLC now owns 958,956 shares of the mining company’s stock worth $13,272,000 after buying an additional 253,421 shares during the last quarter. Weiss Asset Management LP purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the third quarter valued at approximately $1,367,000. Finally, Quadrature Capital Ltd purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the third quarter valued at approximately $444,000.

Analysts Set New Price Targets

Several analysts recently weighed in on BVN shares. Morgan Stanley cut their price target 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 report on Thursday, September 19th. 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 on the stock in a research note on Thursday, November 21st. Finally, StockNews.com raised shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research note on Friday, November 22nd.

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

Shares of BVN stock opened at $13.18 on Tuesday. The company’s fifty day moving average price is $12.77 and its 200-day moving average price is $14.26. The stock has a market cap of $3.35 billion, a PE ratio of 9.35 and a beta of 0.80. The company has a current ratio of 1.40, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20. Compañía de Minas Buenaventura S.A.A. has a 12 month low of $11.61 and a 12 month high of $18.84.

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.