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

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Monday.

Separately, Scotiabank raised Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price target for the company in a report on Thursday, November 21st.

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

Shares of NYSE BVN traded up $0.16 during trading on Monday, reaching $12.76. 1,158,639 shares of the stock were exchanged, compared to its average volume of 934,958. The company has a market capitalization of $3.24 billion, a price-to-earnings ratio of 9.05 and a beta of 0.80. The business’s 50-day moving average price is $12.70 and its 200 day moving average price is $12.92. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07. Compañía de Minas Buenaventura S.A.A. has a twelve month low of $11.50 and a twelve month high of $18.84.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last issued 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 firm had revenue of $299.59 million during the quarter, compared to analyst estimates 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%. As a group, equities analysts forecast that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Creative Planning bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 3rd quarter worth about $139,000. IFM Investors Pty Ltd grew its stake in Compañía de Minas Buenaventura S.A.A. by 249.2% in the third quarter. IFM Investors Pty Ltd now owns 52,168 shares of the mining company’s stock worth $722,000 after purchasing an additional 37,230 shares in the last quarter. Diversify Wealth Management LLC increased its holdings in Compañía de Minas Buenaventura S.A.A. by 2.4% in the third quarter. Diversify Wealth Management LLC now owns 37,092 shares of the mining company’s stock valued at $501,000 after buying an additional 876 shares during the last quarter. Atria Investments Inc raised its stake in Compañía de Minas Buenaventura S.A.A. by 19.1% during the third quarter. Atria Investments Inc now owns 25,211 shares of the mining company’s stock valued at $349,000 after buying an additional 4,048 shares in the last quarter. Finally, Aigen Investment Management LP bought a new position in Compañía de Minas Buenaventura S.A.A. during the 3rd quarter worth approximately $390,000.

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.