Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Upgraded 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 issued on Friday morning.

Other analysts also recently issued reports about the company. 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 research report on Thursday, November 21st. Morgan Stanley dropped their price target 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 report on Thursday, September 19th.

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

BVN stock opened at $12.26 on Friday. Compañía de Minas Buenaventura S.A.A. has a 52-week low of $11.61 and a 52-week high of $18.84. The company has a quick ratio of 1.17, a current ratio of 1.40 and a debt-to-equity ratio of 0.20. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 8.70 and a beta of 0.80. The business has a fifty day moving average of $12.60 and a two-hundred day moving average of $13.98.

Institutional Investors Weigh In On Compañía de Minas Buenaventura S.A.A.

Institutional investors have recently modified their holdings of the company. Barclays PLC boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 37.2% during the 3rd quarter. Barclays PLC now owns 161,288 shares of the mining company’s stock valued at $2,232,000 after acquiring an additional 43,692 shares during the period. Weiss Asset Management LP purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. in the third quarter valued at approximately $1,367,000. Harbour Capital Advisors LLC purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. in the third quarter valued at approximately $629,000. FMR LLC grew its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 245.4% in the third quarter. FMR LLC now owns 17,552 shares of the mining company’s stock valued at $243,000 after purchasing an additional 12,471 shares in the last quarter. Finally, HighTower Advisors LLC purchased a new stake in Compañía de Minas Buenaventura S.A.A. during the 3rd quarter worth approximately $341,000.

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.