Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Bought by Tobam

Tobam lifted its stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 167.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 21,391 shares of the mining company’s stock after acquiring an additional 13,388 shares during the quarter. Tobam’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $296,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the company. Csenge Advisory Group boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 266.9% in the second quarter. Csenge Advisory Group now owns 126,300 shares of the mining company’s stock valued at $2,141,000 after purchasing an additional 91,881 shares during the period. Diversify Advisory Services LLC purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at $243,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 50.5% in the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 18,503 shares of the mining company’s stock valued at $314,000 after buying an additional 6,205 shares during the last quarter. SG Americas Securities LLC lifted its position in Compañía de Minas Buenaventura S.A.A. by 32.2% during the 1st quarter. SG Americas Securities LLC now owns 24,789 shares of the mining company’s stock worth $394,000 after acquiring an additional 6,036 shares during the period. Finally, Commonwealth Equity Services LLC acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the second quarter worth $347,000.

Analysts Set New Price Targets

BVN has been the topic of several recent analyst reports. 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 on the stock in a research report on Thursday, September 19th. Scotiabank cut their price target on Compañía de Minas Buenaventura S.A.A. from $16.00 to $15.00 and set a “sector underperform” rating for the company in a report on Monday, August 19th.

Compañía de Minas Buenaventura S.A.A. Stock Up 5.8 %

BVN opened at $13.78 on Friday. Compañía de Minas Buenaventura S.A.A. has a 12 month low of $7.73 and a 12 month high of $18.84. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.40 and a quick ratio of 1.17. The business has a 50-day moving average of $13.48 and a two-hundred day moving average of $15.62. The stock has a market capitalization of $3.50 billion, a price-to-earnings ratio of 229.67 and a beta of 0.82.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last posted its earnings results on Tuesday, July 30th. The mining company reported $0.28 earnings per share for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $252.21 million. During the same quarter in the previous year, the firm posted ($0.03) EPS. On average, research analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.23 earnings per share for the current year.

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.