Bank Julius Baer & Co. Ltd Zurich Buys New Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) during the 4th quarter, HoldingsChannel.com reports. The fund bought 4,967 shares of the mining company’s stock, valued at approximately $63,000.

Several other hedge funds also recently modified their holdings of BVN. Creative Planning purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the third quarter valued at approximately $139,000. Atria Investments Inc boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 19.1% during the third quarter. Atria Investments Inc now owns 25,211 shares of the mining company’s stock valued at $349,000 after buying an additional 4,048 shares during the last quarter. Aigen Investment Management LP purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the third quarter valued at approximately $390,000. Citigroup Inc. boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 4.2% during the third quarter. Citigroup Inc. now owns 381,706 shares of the mining company’s stock valued at $5,283,000 after buying an additional 15,302 shares during the last quarter. Finally, Sagil Capital LLP purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. during the third quarter valued at approximately $16,989,000.

Analyst Ratings Changes

BVN has been the topic of several analyst reports. Scotiabank raised Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 target price on the stock in a research report on Thursday, November 21st. StockNews.com cut Compañía de Minas Buenaventura S.A.A. from a “buy” rating to a “hold” rating in a research report on Monday, February 24th.

Compañía de Minas Buenaventura S.A.A. Stock Up 4.0 %

BVN stock opened at $13.57 on Wednesday. The stock’s fifty day simple moving average is $12.87 and its two-hundred day simple moving average is $12.85. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. Compañía de Minas Buenaventura S.A.A. has a 1-year low of $11.50 and a 1-year high of $18.84. The stock has a market cap of $3.44 billion, a P/E ratio of 9.62 and a beta of 0.76.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last posted its quarterly earnings data on Thursday, February 20th. The mining company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.07). The business had revenue of $299.59 million during the quarter, compared to analysts’ expectations of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. Analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current year.

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.