Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Announces Semi-annual Dividend of $0.07

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) announced a semi-annual dividend on Tuesday, April 9th, Wall Street Journal reports. Shareholders of record on Thursday, April 18th will be paid a dividend of 0.0726 per share by the mining company on Friday, May 10th. This represents a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, April 17th.

Compañía de Minas Buenaventura S.A.A. Stock Down 2.9 %

Shares of BVN opened at $16.05 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.31 and a quick ratio of 1.14. The stock has a 50 day moving average price of $15.98 and a two-hundred day moving average price of $12.82. Compañía de Minas Buenaventura S.A.A. has a 52 week low of $6.45 and a 52 week high of $17.80.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last issued its quarterly earnings data on Thursday, February 29th. The mining company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.17). Compañía de Minas Buenaventura S.A.A. had a return on equity of 0.84% and a net margin of 2.41%. The company had revenue of $253.80 million for the quarter, compared to the consensus estimate of $225.38 million. On average, analysts forecast that Compañía de Minas Buenaventura S.A.A. will post 1 earnings per share for the current year.

Wall Street Analysts Forecast Growth

BVN has been the topic of a number of research analyst reports. Morgan Stanley downgraded Compañía de Minas Buenaventura S.A.A. from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, March 12th. Scotiabank boosted their target price on Compañía de Minas Buenaventura S.A.A. from $12.50 to $13.00 and gave the stock a “sector underperform” rating in a research note on Monday, March 4th.

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

Institutional investors have recently bought and sold shares of the company. Point72 Asset Management L.P. purchased a new position in Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at approximately $85,000. Tower Research Capital LLC TRC purchased a new position in Compañía de Minas Buenaventura S.A.A. in the first quarter valued at approximately $50,000. Advisor Group Holdings Inc. lifted its stake in Compañía de Minas Buenaventura S.A.A. by 14,350.0% in the first quarter. Advisor Group Holdings Inc. now owns 7,225 shares of the mining company’s stock valued at $73,000 after purchasing an additional 7,175 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Compañía de Minas Buenaventura S.A.A. in the first quarter valued at approximately $104,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the fourth quarter worth $174,000.

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.