Weiss Asset Management LP Takes $1.37 Million Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Weiss Asset Management LP purchased a new position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 98,743 shares of the mining company’s stock, valued at approximately $1,367,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in BVN. Ashton Thomas Private Wealth LLC bought a new stake in Compañía de Minas Buenaventura S.A.A. during the second quarter valued at approximately $35,000. EverSource Wealth Advisors LLC raised its position in shares of Compañía de Minas Buenaventura S.A.A. by 63.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock valued at $42,000 after buying an additional 1,054 shares in the last quarter. Employees Retirement System of Texas bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the 2nd quarter worth $47,000. Point72 Hong Kong Ltd purchased a new position in Compañía de Minas Buenaventura S.A.A. in the third quarter worth $56,000. Finally, Headlands Technologies LLC bought a new position in Compañía de Minas Buenaventura S.A.A. in the second quarter valued at $80,000.

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

Compañía de Minas Buenaventura S.A.A. stock opened at $12.08 on Monday. The firm has a fifty day simple moving average of $12.88 and a two-hundred day simple moving average of $14.47. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.40 and a quick ratio of 1.17. Compañía de Minas Buenaventura S.A.A. has a twelve month low of $9.13 and a twelve month high of $18.84.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. StockNews.com upgraded Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a report on Friday, November 22nd. Morgan Stanley dropped their target price on Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating for the company in a research report on Thursday, September 19th. Finally, 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 report on Thursday, November 21st.

About Compañía de Minas Buenaventura S.A.A.

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.