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

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Friday.

Several other equities research analysts have also recently commented on BVN. Morgan Stanley cut their price objective 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. 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 target on the stock in a research note on Thursday, November 21st.

Compañía de Minas Buenaventura S.A.A. Stock Down 0.3 %

BVN stock opened at $12.26 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $11.61 and a 1 year high of $18.84. The company has a fifty day simple moving average of $12.60 and a 200 day simple moving average of $14.00. The firm has a market cap of $3.11 billion, a PE ratio of 8.70 and a beta of 0.80.

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

Several hedge funds have recently made changes to their positions in the business. Sagil Capital LLP acquired a new position in Compañía de Minas Buenaventura S.A.A. during the third quarter worth $16,989,000. JPMorgan Chase & Co. lifted its position in Compañía de Minas Buenaventura S.A.A. by 212.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,698,044 shares of the mining company’s stock worth $23,501,000 after buying an additional 1,153,819 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 203.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,243,163 shares of the mining company’s stock worth $17,205,000 after buying an additional 833,819 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 35.9% during the 3rd quarter. Jane Street Group LLC now owns 958,956 shares of the mining company’s stock worth $13,272,000 after buying an additional 253,421 shares during the last quarter. Finally, Dorsey Wright & Associates bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at about $2,590,000.

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.