Sagil Capital LLP Purchases New Stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Sagil Capital LLP acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,227,558 shares of the mining company’s stock, valued at approximately $16,989,000. Compañía de Minas Buenaventura S.A.A. comprises approximately 10.4% of Sagil Capital LLP’s holdings, making the stock its 2nd largest position.

A number of other large investors have also recently made changes to their positions in the business. Ashton Thomas Private Wealth LLC purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the second quarter valued at approximately $35,000. EverSource Wealth Advisors LLC grew its stake in shares of 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 worth $42,000 after acquiring an additional 1,054 shares in the last quarter. Employees Retirement System of Texas purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the second quarter valued at about $47,000. Headlands Technologies LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. during the second quarter valued at about $80,000. Finally, GAMMA Investing LLC boosted its holdings 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 worth $82,000 after purchasing an additional 929 shares during the last quarter.

Compañía de Minas Buenaventura S.A.A. Stock Down 0.4 %

BVN traded down $0.05 during trading on Monday, reaching $12.01. 73,502 shares of the company were exchanged, compared to its average volume of 1,356,758. Compañía de Minas Buenaventura S.A.A. has a 12-month low of $8.86 and a 12-month high of $18.84. The company’s 50-day moving average is $13.20 and its two-hundred day moving average is $14.85. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.40.

Wall Street Analyst Weigh In

BVN has been the subject of several recent research reports. Scotiabank raised Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price objective for the company in a report on Thursday. Morgan Stanley lowered their price target 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 report on Thursday, September 19th. Finally, StockNews.com raised shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a report on Friday.

Compañía de Minas Buenaventura S.A.A. 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.