Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Upgraded 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 released on Friday.

BVN has been the subject of several other research reports. Morgan Stanley decreased their target price on Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating for the company in a research 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.

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

Shares of Compañía de Minas Buenaventura S.A.A. stock opened at $12.06 on Friday. 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 1 year low of $8.86 and a 1 year high of $18.84. The firm’s 50-day simple moving average is $13.20 and its 200-day simple moving average is $14.85. The firm has a market cap of $3.06 billion, a PE ratio of 8.55 and a beta of 0.83.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC grew its stake in Compañía de Minas Buenaventura S.A.A. by 2.2% during the 3rd 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 grew its position in shares of Compañía de Minas Buenaventura S.A.A. by 37.2% during the third quarter. Barclays PLC now owns 161,288 shares of the mining company’s stock worth $2,232,000 after acquiring an additional 43,692 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 3rd quarter worth about $148,000. Y Intercept Hong Kong Ltd bought a new stake in Compañía de Minas Buenaventura S.A.A. in the 3rd quarter valued at about $382,000. Finally, Dorsey Wright & Associates boosted its stake in 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 during the period.

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.