Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Stock Crosses Above 200-Day Moving Average of $13.01

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $13.01 and traded as high as $16.11. Compañía de Minas Buenaventura S.A.A. shares last traded at $15.92, with a volume of 877,944 shares trading hands.

Analyst Upgrades and Downgrades

BVN has been the subject of several research reports. Scotiabank upped their price target on shares of Compañía de Minas Buenaventura S.A.A. from $12.50 to $13.00 and gave the company a “sector underperform” rating in a research report on Monday, March 4th. Morgan Stanley lowered shares of Compañía de Minas Buenaventura S.A.A. from an “overweight” rating to an “equal weight” rating in a report on Tuesday, March 12th.

Compañía de Minas Buenaventura S.A.A. Stock Down 0.6 %

The company’s fifty day moving average is $16.04 and its 200-day moving average is $13.01. The company has a quick ratio of 1.14, a current ratio of 1.31 and a debt-to-equity ratio of 0.21.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last announced its quarterly earnings data on Thursday, February 29th. The mining company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.17). Compañía de Minas Buenaventura S.A.A. had a net margin of 2.41% and a return on equity of 0.84%. The company had revenue of $253.80 million for the quarter, compared to analysts’ expectations of $225.38 million. Analysts forecast that Compañía de Minas Buenaventura S.A.A. will post 1 EPS for the current year.

Compañía de Minas Buenaventura S.A.A. Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, May 10th. Shareholders of record on Thursday, April 18th will be issued a dividend of $0.0726 per share. This represents a yield of 0.5%. The ex-dividend date is Wednesday, April 17th. Compañía de Minas Buenaventura S.A.A.’s dividend payout ratio (DPR) is currently 200.03%.

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

Institutional investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp bought a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 4th quarter valued at approximately $46,000. Tower Research Capital LLC TRC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 1st quarter valued at approximately $50,000. GAMMA Investing LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 4th quarter valued at approximately $58,000. Creekmur Asset Management LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. during the 4th quarter valued at approximately $60,000. Finally, Barclays PLC boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 24,960.6% during the 3rd quarter. Barclays PLC now owns 8,270 shares of the mining company’s stock valued at $70,000 after acquiring an additional 8,237 shares during the last quarter.

About Compañía de Minas Buenaventura S.A.A.

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.