Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Upgraded to “Buy” 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 research note issued to investors on Friday morning.

Several other research analysts have also recently weighed in on the stock. Morgan Stanley reduced their price target on shares of 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 raised 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 report on Thursday, November 21st.

Compañía de Minas Buenaventura S.A.A. Stock Down 0.3 %

Shares of NYSE BVN opened at $12.26 on Friday. The firm has a 50 day moving average price of $12.60 and a 200 day moving average price of $14.00. 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 stock has a market cap of $3.11 billion, a P/E ratio of 8.70 and a beta of 0.80. Compañía de Minas Buenaventura S.A.A. has a 52-week low of $11.61 and a 52-week high of $18.84.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Sei Investments Co. raised its holdings in Compañía de Minas Buenaventura S.A.A. by 0.4% during the 2nd quarter. Sei Investments Co. now owns 200,705 shares of the mining company’s stock worth $3,402,000 after purchasing an additional 800 shares during the last quarter. Diversify Wealth Management LLC boosted its position in Compañía de Minas Buenaventura S.A.A. by 2.4% during 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 during the last quarter. GAMMA Investing LLC grew its holdings in Compañía de Minas Buenaventura S.A.A. by 18.7% during the 3rd quarter. GAMMA Investing LLC now owns 5,897 shares of the mining company’s stock worth $82,000 after acquiring an additional 929 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Compañía de Minas Buenaventura S.A.A. by 63.7% during the 2nd 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 period. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 2nd quarter worth about $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.