Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Rating Increased to Buy at StockNews.com

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

Several other research firms have also weighed in on BVN. Morgan Stanley lowered their price objective 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 research note on Thursday, September 19th. Scotiabank upgraded 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. Price Performance

Shares of BVN opened at $12.26 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 company’s fifty day simple moving average is $12.60 and its 200 day simple moving average is $14.00. Compañía de Minas Buenaventura S.A.A. has a 1-year low of $11.61 and a 1-year high of $18.84. The company has a market cap of $3.11 billion, a price-to-earnings ratio of 8.70 and a beta of 0.80.

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

Several hedge funds have recently added to or reduced their stakes in the business. Sei Investments Co. increased its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 0.4% in the second quarter. Sei Investments Co. now owns 200,705 shares of the mining company’s stock valued at $3,402,000 after purchasing an additional 800 shares during the last quarter. Diversify Wealth Management LLC boosted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 2.4% during the 3rd quarter. Diversify Wealth Management LLC now owns 37,092 shares of the mining company’s stock worth $501,000 after buying an additional 876 shares during the period. GAMMA Investing LLC grew its stake in Compañía de Minas Buenaventura S.A.A. by 18.7% in the 3rd quarter. GAMMA Investing LLC now owns 5,897 shares of the mining company’s stock valued at $82,000 after buying an additional 929 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in Compañía de Minas Buenaventura S.A.A. by 63.7% in 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 during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new position in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at about $35,000.

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.