Compania de Minas Buenaventura SAA (NYSE:BVN) Stock Rating Upgraded by ValuEngine

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ValuEngine upgraded shares of Compania de Minas Buenaventura SAA (NYSE:BVN) from a hold rating to a buy rating in a research report sent to investors on Friday, November 1st, ValuEngine reports.

Separately, Zacks Investment Research upgraded Compania de Minas Buenaventura SAA from a sell rating to a hold rating in a research report on Monday, August 26th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of $18.00.

Shares of BVN traded down $0.11 during trading hours on Friday, reaching $15.27. 1,277,830 shares of the company’s stock traded hands, compared to its average volume of 1,196,007. The stock has a market cap of $3.92 billion, a PE ratio of 47.72 and a beta of 0.46. The company has a current ratio of 1.73, a quick ratio of 1.43 and a debt-to-equity ratio of 0.15. The firm’s 50 day simple moving average is $14.82 and its 200-day simple moving average is $15.38. Compania de Minas Buenaventura SAA has a 12 month low of $13.46 and a 12 month high of $17.85.

Compania de Minas Buenaventura SAA (NYSE:BVN) last issued its quarterly earnings results on Tuesday, October 29th. The mining company reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.10). The business had revenue of $230.20 million for the quarter, compared to the consensus estimate of $224.91 million. Compania de Minas Buenaventura SAA had a negative net margin of 2.91% and a positive return on equity of 1.92%. The business’s revenue was down 14.4% compared to the same quarter last year. During the same quarter last year, the business posted ($0.04) EPS. As a group, analysts expect that Compania de Minas Buenaventura SAA will post 0.46 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in BVN. Skandinaviska Enskilda Banken AB publ purchased a new position in Compania de Minas Buenaventura SAA in the 2nd quarter worth approximately $77,000. Voloridge Investment Management LLC purchased a new position in Compania de Minas Buenaventura SAA in the 2nd quarter worth approximately $170,000. Cambridge Investment Research Advisors Inc. purchased a new position in Compania de Minas Buenaventura SAA in the 2nd quarter worth approximately $173,000. NumerixS Investment Technologies Inc increased its stake in Compania de Minas Buenaventura SAA by 181.6% in the 2nd quarter. NumerixS Investment Technologies Inc now owns 10,700 shares of the mining company’s stock worth $178,000 after purchasing an additional 6,900 shares during the period. Finally, Vestmark Advisory Solutions Inc. increased its stake in Compania de Minas Buenaventura SAA by 8.0% in the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 11,395 shares of the mining company’s stock worth $173,000 after purchasing an additional 848 shares during the period. Institutional investors own 61.23% of the company’s stock.

Compania de Minas Buenaventura SAA Company Profile

Compañía de Minas Buenaventura SAA., a precious metals company, engages in the exploration, mining, and processing of gold, silver, lead, zinc, and copper metals in Peru, the United States, Europe, and Asia. The company operates five operating mining units, including Uchucchacua, Orcopampa, Julcani, Mallay, and Tambomayo in Peru; and San Gabriel, a mining unit under development stage.

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Analyst Recommendations for Compania de Minas Buenaventura SAA (NYSE:BVN)

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