Matthews International Capital Management LLC Invests $290,000 in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Matthews International Capital Management LLC acquired a new position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 25,199 shares of the mining company’s stock, valued at approximately $290,000.

A number of other institutional investors also recently bought and sold shares of the stock. Point72 Hong Kong Ltd purchased a new position in Compañía de Minas Buenaventura S.A.A. during the third quarter valued at approximately $56,000. GAMMA Investing LLC lifted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 18.7% during the 3rd quarter. GAMMA Investing LLC now owns 5,897 shares of the mining company’s stock valued at $82,000 after buying an additional 929 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 132.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 9,168 shares of the mining company’s stock worth $127,000 after buying an additional 5,229 shares during the period. Creative Planning purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the 3rd quarter worth $139,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the 3rd quarter worth $148,000.

Compañía de Minas Buenaventura S.A.A. Stock Down 3.5 %

Shares of BVN stock opened at $12.55 on Tuesday. The company’s fifty day simple moving average is $12.47 and its two-hundred day simple moving average is $13.31. Compañía de Minas Buenaventura S.A.A. has a 52 week low of $11.50 and a 52 week high of $18.84. The stock has a market cap of $3.18 billion, a P/E ratio of 8.90 and a beta of 0.81. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last released its quarterly earnings results on Wednesday, October 30th. The mining company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. Compañía de Minas Buenaventura S.A.A. had a net margin of 32.40% and a return on equity of 6.15%. The company had revenue of $331.11 million for the quarter, compared to the consensus estimate of $332.94 million. During the same quarter in the prior year, the firm earned ($0.11) earnings per share. Analysts predict that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on BVN shares. StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research note on Friday, December 27th. 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 research note on Thursday, November 21st.

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.