Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Upgraded at StockNews.com

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Friday.

BVN has been the topic of a number of other reports. 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 on the stock in a report on Thursday. Morgan Stanley dropped their target price on Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, September 19th.

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

Shares of BVN opened at $12.06 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.40 and a quick ratio of 1.17. The company’s fifty day moving average price is $13.20 and its 200-day moving average price is $14.87. Compañía de Minas Buenaventura S.A.A. has a 1-year low of $8.86 and a 1-year high of $18.84. The firm has a market capitalization of $3.06 billion, a PE ratio of 8.55 and a beta of 0.83.

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

A number of institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC boosted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 2.2% in the third quarter. Geode Capital Management LLC now owns 964,014 shares of the mining company’s stock worth $13,225,000 after buying an additional 20,899 shares during the last quarter. Barclays PLC lifted its holdings in Compañía de Minas Buenaventura S.A.A. by 37.2% in the third 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. Public Employees Retirement System of Ohio purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the 3rd quarter worth approximately $148,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the 3rd quarter worth approximately $382,000. Finally, Dorsey Wright & Associates increased its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 13.9% during the 3rd quarter. Dorsey Wright & Associates now owns 174,076 shares of the mining company’s stock valued at $2,410,000 after purchasing an additional 21,293 shares in the last quarter.

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.