Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) PT Lowered to $15.00 at Scotiabank

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) had its target price lowered by Scotiabank from $16.00 to $15.00 in a research report sent to investors on Monday, Benzinga reports. The brokerage currently has a sector underperform rating on the mining company’s stock.

BVN has been the topic of several other reports. Morgan Stanley upgraded shares of Compañía de Minas Buenaventura S.A.A. from an equal weight rating to an overweight rating and lifted their price target for the stock from $19.00 to $21.00 in a research note on Friday, June 21st. StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a sell rating to a hold rating in a report on Wednesday, May 1st.

Compañía de Minas Buenaventura S.A.A. Trading Down 1.8 %

NYSE:BVN opened at $13.55 on Monday. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $7.73 and a 1 year high of $18.84. The stock has a market cap of $3.44 billion, a P/E ratio of 225.83 and a beta of 0.83. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.14 and a current ratio of 1.40. The stock has a 50-day simple moving average of $16.04 and a 200-day simple moving average of $16.34.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last announced its quarterly earnings results on Tuesday, July 30th. The mining company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.06). Compañía de Minas Buenaventura S.A.A. had a net margin of 9.54% and a return on equity of 3.17%. The business had revenue of $277.11 million during the quarter, compared to analyst estimates of $252.21 million. During the same period last year, the company earned ($0.03) earnings per share. As a group, analysts anticipate that Compañía de Minas Buenaventura S.A.A. will post 1.41 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Compañía de Minas Buenaventura S.A.A.

Hedge funds have recently modified their holdings of the business. Ashton Thomas Private Wealth LLC acquired a new position in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at about $35,000. EverSource Wealth Advisors LLC raised its position in Compañía de Minas Buenaventura S.A.A. by 63.7% in the second quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock worth $42,000 after acquiring an additional 1,054 shares in the last quarter. Employees Retirement System of Texas acquired a new stake in Compañía de Minas Buenaventura S.A.A. in the second quarter valued at $47,000. GAMMA Investing LLC acquired a new stake in Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at $58,000. Finally, Creekmur Asset Management LLC purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth $60,000.

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.