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

StockNews.com upgraded shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) from a hold rating to a buy rating in a report released on Friday morning.

Other equities analysts have also recently issued reports about the company. Morgan Stanley decreased 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 report 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 objective on the stock in a report on Thursday.

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

Shares of NYSE:BVN opened at $12.06 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.40. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 8.55 and a beta of 0.83. Compañía de Minas Buenaventura S.A.A. has a 1-year low of $8.86 and a 1-year high of $18.84. The company has a 50 day moving average price of $13.20 and a 200 day moving average price of $14.85.

Institutional Trading of Compañía de Minas Buenaventura S.A.A.

Several large investors have recently added to or reduced their stakes in the company. Csenge Advisory Group raised its position in Compañía de Minas Buenaventura S.A.A. by 266.9% during the second quarter. Csenge Advisory Group now owns 126,300 shares of the mining company’s stock valued at $2,141,000 after buying an additional 91,881 shares during the period. Harbour Capital Advisors LLC acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 3rd quarter valued at about $629,000. Diversify Advisory Services LLC purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the second quarter worth approximately $243,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 50.5% during the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 18,503 shares of the mining company’s stock worth $314,000 after purchasing an additional 6,205 shares during the period. Finally, GAMMA Investing LLC grew its position in Compañía de Minas Buenaventura S.A.A. by 18.7% during the third quarter. GAMMA Investing LLC now owns 5,897 shares of the mining company’s stock valued at $82,000 after purchasing an additional 929 shares in the last quarter.

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.