Point72 Asia Singapore Pte. Ltd. Buys Shares of 94,547 Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Point72 Asia Singapore Pte. Ltd. bought a new stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 94,547 shares of the mining company’s stock, valued at approximately $1,309,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the second quarter valued at approximately $35,000. EverSource Wealth Advisors LLC raised its position 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 valued at $42,000 after purchasing an additional 1,054 shares during the period. Employees Retirement System of Texas purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the second quarter worth $47,000. Point72 Hong Kong Ltd purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the third quarter worth $56,000. Finally, Headlands Technologies LLC purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. during the second quarter worth $80,000.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Scotiabank raised 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 research report on Thursday, November 21st. StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research report on Friday, November 22nd. Finally, Morgan Stanley cut their price objective on Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, September 19th.

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

NYSE:BVN opened at $12.10 on Monday. The firm has a market capitalization of $3.07 billion, a PE ratio of 8.58 and a beta of 0.83. The business’s fifty day moving average price is $13.06 and its 200 day moving average price is $14.68. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.40 and a quick ratio of 1.17. Compañía de Minas Buenaventura S.A.A. has a 12 month low of $8.86 and a 12 month high of $18.84.

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.