Navellier & Associates Inc. Sells 1,988 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Navellier & Associates Inc. decreased its position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 2.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 89,416 shares of the mining company’s stock after selling 1,988 shares during the quarter. Navellier & Associates Inc.’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $1,238,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the second quarter worth $35,000. EverSource Wealth Advisors LLC lifted its position in Compañía de Minas Buenaventura S.A.A. by 63.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock worth $42,000 after buying an additional 1,054 shares in the last quarter. Employees Retirement System of Texas acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 2nd quarter worth about $47,000. Headlands Technologies LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at about $80,000. Finally, GAMMA Investing LLC increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 18.7% in the third quarter. GAMMA Investing LLC now owns 5,897 shares of the mining company’s stock valued at $82,000 after acquiring an additional 929 shares during the last quarter.

Wall Street Analyst Weigh In

A number of research firms have weighed in 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 price target for the company in a research note on Thursday. Morgan Stanley decreased their target price on shares of Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating for the company in a research note on Thursday, September 19th.

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

BVN opened at $12.28 on Friday. The company has a quick ratio of 1.17, a current ratio of 1.40 and a debt-to-equity ratio of 0.20. Compañía de Minas Buenaventura S.A.A. has a 12-month low of $8.86 and a 12-month high of $18.84. The business has a 50 day moving average of $13.22 and a 200-day moving average of $14.92.

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.