Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its position in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 212.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,698,044 shares of the mining company’s stock after buying an additional 1,153,819 shares during the quarter. JPMorgan Chase & Co.’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $23,501,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of BVN. Ashton Thomas Private Wealth LLC acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 2nd quarter valued at about $35,000. EverSource Wealth Advisors LLC increased its position in Compañía de Minas Buenaventura S.A.A. by 63.7% during the second quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock worth $42,000 after purchasing an additional 1,054 shares during the last quarter. Employees Retirement System of Texas purchased a new position in Compañía de Minas Buenaventura S.A.A. during the second quarter worth approximately $47,000. Point72 Hong Kong Ltd purchased a new position in Compañía de Minas Buenaventura S.A.A. during the third quarter worth approximately $56,000. Finally, Headlands Technologies LLC acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at $80,000.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Morgan Stanley dropped their price objective on 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 Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price target for the company in a research note on Thursday, November 21st. Finally, StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research note on Friday, December 27th.

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

Compañía de Minas Buenaventura S.A.A. stock opened at $12.61 on Thursday. The firm has a fifty day moving average of $12.37 and a 200-day moving average of $13.70. Compañía de Minas Buenaventura S.A.A. has a 52-week low of $11.50 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 firm has a market capitalization of $3.20 billion, a P/E ratio of 8.94 and a beta of 0.81.

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.