Harbour Capital Advisors LLC Reduces Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Harbour Capital Advisors LLC reduced its stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 2.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 46,930 shares of the mining company’s stock after selling 1,325 shares during the quarter. Harbour Capital Advisors LLC’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $562,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Ashton Thomas Private Wealth LLC acquired a new position 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 position in Compañía de Minas Buenaventura S.A.A. by 63.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock worth $42,000 after purchasing an additional 1,054 shares in the last quarter. Employees Retirement System of Texas purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 2nd quarter valued at approximately $47,000. Point72 Hong Kong Ltd purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 3rd quarter valued at approximately $56,000. Finally, Headlands Technologies LLC purchased a new stake in Compañía de Minas Buenaventura S.A.A. during the second quarter worth $80,000.

Analysts Set New Price Targets

A number of research analysts have weighed in on BVN shares. Morgan Stanley cut their price objective 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 upgraded Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price target on the stock in a research report on Thursday, November 21st. Finally, StockNews.com upgraded Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research report on Friday, December 27th.

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

Shares of Compañía de Minas Buenaventura S.A.A. stock traded down $0.19 during mid-day trading on Monday, reaching $12.51. 360,006 shares of the stock traded hands, compared to its average volume of 786,372. The stock has a market capitalization of $3.17 billion, a PE ratio of 8.87 and a beta of 0.81. The business has a 50-day moving average of $12.37 and a 200 day moving average of $13.61. Compañía de Minas Buenaventura S.A.A. has a fifty-two week low of $11.50 and a fifty-two week high of $18.84. The company has a quick ratio of 1.17, a current ratio of 1.40 and a debt-to-equity ratio of 0.20.

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.