Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Rating Increased 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 report released on Friday morning.

Several other equities research analysts also recently issued reports on the company. 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 for the company in a report on Thursday, November 21st. Morgan Stanley lowered 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 note on Thursday, September 19th.

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

BVN opened at $12.00 on Friday. The company has a fifty day moving average price of $13.17 and a two-hundred day moving average price of $14.81. Compañía de Minas Buenaventura S.A.A. has a 52 week low of $8.86 and a 52 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.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BVN. Ashton Thomas Private Wealth LLC bought a new stake in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at about $35,000. EverSource Wealth Advisors LLC boosted its stake 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 buying an additional 1,054 shares during the period. Employees Retirement System of Texas acquired a new stake in Compañía de Minas Buenaventura S.A.A. during the second quarter worth approximately $47,000. Point72 Hong Kong Ltd bought a new position in Compañía de Minas Buenaventura S.A.A. during the 3rd quarter worth $56,000. Finally, Headlands Technologies LLC bought a new position in Compañía de Minas Buenaventura S.A.A. during the 2nd quarter worth $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.