Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Lowered to “Hold” Rating by StockNews.com

StockNews.com lowered shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) from a buy rating to a hold rating in a research note published on Thursday.

Several other analysts have also issued reports on the stock. 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 price objective on the stock in a report on Thursday, November 21st. 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 on the stock in a research note on Thursday, September 19th.

Compañía de Minas Buenaventura S.A.A. Stock Down 0.7 %

BVN stock opened at $12.46 on Thursday. The company has a market cap of $3.16 billion, a price-to-earnings ratio of 8.84 and a beta of 0.80. The firm has a 50-day moving average of $12.73 and a two-hundred day moving average of $14.21. Compañía de Minas Buenaventura S.A.A. has a 12 month low of $11.61 and a 12 month high of $18.84. The company has a current ratio of 1.40, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20.

Institutional Investors Weigh In On Compañía de Minas Buenaventura S.A.A.

Several institutional investors have recently added to or reduced their stakes in BVN. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at about $35,000. EverSource Wealth Advisors LLC boosted its holdings in shares of 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 valued at $42,000 after acquiring an additional 1,054 shares during the period. Employees Retirement System of Texas purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the second quarter worth approximately $47,000. Point72 Hong Kong Ltd acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 3rd quarter valued at $56,000. Finally, Headlands Technologies LLC purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at $80,000.

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.