Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Up 4.1% – Still a Buy?

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)’s share price shot up 4.1% during trading on Thursday . The company traded as high as $14.19 and last traded at $14.19. 186,003 shares changed hands during trading, a decline of 79% from the average session volume of 901,279 shares. The stock had previously closed at $13.64.

Analysts Set New Price Targets

A number of brokerages recently commented on BVN. Scotiabank upgraded Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 target price for the company in a report on Thursday, November 21st. StockNews.com lowered Compañía de Minas Buenaventura S.A.A. from a “buy” rating to a “hold” rating in a research report on Monday, February 24th.

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

The company has a debt-to-equity ratio of 0.07, a current ratio of 1.82 and a quick ratio of 1.64. The stock has a 50 day simple moving average of $12.91 and a two-hundred day simple moving average of $12.85. The company has a market cap of $3.61 billion, a PE ratio of 10.09 and a beta of 0.76.

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 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.07). Compañía de Minas Buenaventura S.A.A. had a net margin of 32.40% and a return on equity of 6.15%. The firm had revenue of $299.59 million during the quarter, compared to analysts’ expectations of $315.77 million. Equities analysts predict that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current year.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. PKO Investment Management Joint Stock Co acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at approximately $1,405,000. TFG Asset Management GP Ltd acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at approximately $426,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 0.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,252,971 shares of the mining company’s stock valued at $14,434,000 after purchasing an additional 9,808 shares during the period. Squarepoint Ops LLC increased its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 22.1% in the fourth quarter. Squarepoint Ops LLC now owns 45,193 shares of the mining company’s stock valued at $521,000 after purchasing an additional 8,195 shares during the period. Finally, Tidal Investments LLC increased its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 56.6% in the fourth quarter. Tidal Investments LLC now owns 3,332,263 shares of the mining company’s stock valued at $38,388,000 after purchasing an additional 1,204,879 shares during the period.

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.