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

BVN has been the subject of several other research reports. 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 for the company in a report on Thursday, September 19th. Scotiabank upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 target price for the company in a research note on Thursday, November 21st.

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

Shares of Compañía de Minas Buenaventura S.A.A. stock opened at $12.26 on Friday. The business has a 50-day simple moving average of $12.60 and a 200-day simple moving average of $13.98. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.40. Compañía de Minas Buenaventura S.A.A. has a one year low of $11.61 and a one year high of $18.84. The company has a market cap of $3.11 billion, a PE ratio of 8.70 and a beta of 0.80.

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

Several institutional investors have recently added to or reduced their stakes in BVN. Ashton Thomas Private Wealth LLC acquired a new stake in Compañía de Minas Buenaventura S.A.A. during the second quarter worth approximately $35,000. EverSource Wealth Advisors LLC raised its stake 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 acquiring an additional 1,054 shares in the last quarter. Employees Retirement System of Texas purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the second quarter valued at $47,000. Point72 Hong Kong Ltd acquired a new position in Compañía de Minas Buenaventura S.A.A. in the third quarter valued at $56,000. Finally, Headlands Technologies LLC purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the second quarter worth about $80,000.

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.