Ashton Thomas Private Wealth LLC Acquires New Shares in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Ashton Thomas Private Wealth LLC acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,047 shares of the mining company’s stock, valued at approximately $35,000.

Other hedge funds have also added to or reduced their stakes in the company. Creekmur Asset Management LLC acquired a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth $60,000. GAMMA Investing LLC raised its stake in Compañía de Minas Buenaventura S.A.A. by 16.8% during the 2nd quarter. GAMMA Investing LLC now owns 4,968 shares of the mining company’s stock worth $84,000 after buying an additional 716 shares during the period. Liontrust Investment Partners LLP acquired a new stake in Compañía de Minas Buenaventura S.A.A. during the 2nd quarter worth $108,000. Barometer Capital Management Inc. acquired a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth $120,000. Finally, Bayesian Capital Management LP acquired a new stake in Compañía de Minas Buenaventura S.A.A. during the 1st quarter worth $182,000.

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

BVN opened at $13.37 on Tuesday. The business’s 50-day moving average price is $14.39 and its two-hundred day moving average price is $15.97. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $7.73 and a 1 year high of $18.84. The company has a market capitalization of $3.40 billion, a price-to-earnings ratio of 222.83 and a beta of 0.81. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.40 and a quick ratio of 1.17.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last released its quarterly earnings results on Tuesday, July 30th. The mining company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.06). Compañía de Minas Buenaventura S.A.A. had a net margin of 9.54% and a return on equity of 3.17%. The firm had revenue of $277.11 million during the quarter, compared to analyst estimates of $252.21 million. During the same period in the prior year, the business earned ($0.03) EPS. Equities analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.41 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on the company. Scotiabank dropped their price objective on Compañía de Minas Buenaventura S.A.A. from $16.00 to $15.00 and set a “sector underperform” rating on the stock in a research note on Monday, August 19th. Morgan Stanley raised Compañía de Minas Buenaventura S.A.A. from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $19.00 to $21.00 in a research note on Friday, June 21st.

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.