Oldfield Partners LLP Purchases 12,000 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Oldfield Partners LLP boosted its holdings in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 607,620 shares of the mining company’s stock after buying an additional 12,000 shares during the period. Compañía de Minas Buenaventura S.A.A. makes up about 1.8% of Oldfield Partners LLP’s holdings, making the stock its 14th largest holding. Oldfield Partners LLP owned 0.24% of Compañía de Minas Buenaventura S.A.A. worth $8,409,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BVN. Csenge Advisory Group boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 266.9% during the 2nd quarter. Csenge Advisory Group now owns 126,300 shares of the mining company’s stock valued at $2,141,000 after acquiring an additional 91,881 shares during the last quarter. Harbour Capital Advisors LLC purchased a new position in Compañía de Minas Buenaventura S.A.A. in the 3rd quarter worth approximately $629,000. Diversify Advisory Services LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 2nd quarter worth $243,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in shares of Compañía de Minas Buenaventura S.A.A. by 50.5% during the 2nd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 18,503 shares of the mining company’s stock valued at $314,000 after buying an additional 6,205 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 32.2% during the 1st quarter. SG Americas Securities LLC now owns 24,789 shares of the mining company’s stock worth $394,000 after acquiring an additional 6,036 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on BVN shares. Morgan Stanley dropped their price target 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. Scotiabank dropped their target price on Compañía de Minas Buenaventura S.A.A. from $16.00 to $15.00 and set a “sector underperform” rating for the company in a research report on Monday, August 19th.

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

Compañía de Minas Buenaventura S.A.A. stock opened at $13.74 on Tuesday. The firm has a fifty day simple moving average of $13.36 and a two-hundred day simple moving average of $15.50. 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. has a twelve month low of $7.73 and a twelve month high of $18.84. The company has a market capitalization of $3.49 billion, a PE ratio of 229.00 and a beta of 0.82.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last released its earnings results on Tuesday, July 30th. The mining company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.06). The firm had revenue of $277.11 million for the quarter, compared to the consensus estimate of $252.21 million. Compañía de Minas Buenaventura S.A.A. had a return on equity of 3.17% and a net margin of 9.54%. During the same quarter in the previous year, the business posted ($0.03) EPS. Research analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.23 EPS for the current year.

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.