Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Rating Increased to Sector Perform at Scotiabank

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) was upgraded by equities research analysts at Scotiabank from a “sector underperform” rating to a “sector perform” rating in a report released on Thursday, Marketbeat reports. The firm presently has a $15.00 target price on the mining company’s stock. Scotiabank’s price objective points to a potential upside of 24.58% from the company’s previous close.

Separately, Morgan Stanley cut their price target on shares of Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating on the stock in a research note on Thursday, September 19th.

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

Shares of BVN stock opened at $12.04 on Thursday. Compañía de Minas Buenaventura S.A.A. has a one year low of $8.86 and a one year high of $18.84. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.40. The firm’s 50 day moving average price is $13.22 and its 200-day moving average price is $14.92.

Institutional Trading of Compañía de Minas Buenaventura S.A.A.

Several hedge funds have recently modified their holdings of BVN. GAMMA Investing LLC increased its holdings 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 purchasing an additional 716 shares during the period. Sei Investments Co. increased its stake in shares of Compañía de Minas Buenaventura S.A.A. by 0.4% during the second quarter. Sei Investments Co. now owns 200,705 shares of the mining company’s stock worth $3,402,000 after buying an additional 800 shares during the period. Diversify Wealth Management LLC raised its holdings in Compañía de Minas Buenaventura S.A.A. by 2.4% in the third quarter. Diversify Wealth Management LLC now owns 37,092 shares of the mining company’s stock valued at $501,000 after acquiring an additional 876 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Compañía de Minas Buenaventura S.A.A. by 63.7% in the second 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 during the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new position in Compañía de Minas Buenaventura S.A.A. during the 2nd quarter worth approximately $35,000.

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.