Sagil Capital LLP Takes Position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Sagil Capital LLP acquired a new position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,227,558 shares of the mining company’s stock, valued at approximately $16,989,000. Compañía de Minas Buenaventura S.A.A. makes up 10.4% of Sagil Capital LLP’s holdings, making the stock its 2nd largest holding.

Other large investors also recently added to or reduced their stakes in the company. Tidal Investments LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 1st quarter worth $63,988,000. Jane Street Group LLC increased its stake in Compañía de Minas Buenaventura S.A.A. by 189.8% in the first quarter. Jane Street Group LLC now owns 346,379 shares of the mining company’s stock valued at $5,500,000 after acquiring an additional 732,158 shares during the last quarter. Swedbank AB purchased a new stake in Compañía de Minas Buenaventura S.A.A. during the first quarter valued at about $7,082,000. Dorsey Wright & Associates bought a new stake in Compañía de Minas Buenaventura S.A.A. during the second quarter worth about $2,590,000. Finally, Acadian Asset Management LLC boosted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 65.2% in the 2nd quarter. Acadian Asset Management LLC now owns 326,206 shares of the mining company’s stock worth $5,527,000 after purchasing an additional 128,736 shares in the last quarter.

Compañía de Minas Buenaventura S.A.A. Trading Down 0.4 %

Shares of NYSE:BVN traded down $0.05 on Monday, reaching $12.01. 73,502 shares of the company traded hands, compared to its average volume of 1,356,758. The business’s 50-day simple moving average is $13.20 and its 200 day simple moving average is $14.85. 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 52 week low of $8.86 and a 52 week high of $18.84.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Morgan Stanley decreased their price objective on Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating on the stock in a report on Thursday, September 19th. Scotiabank raised shares of Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price target on the stock in a research note on Thursday. Finally, StockNews.com upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a report on Friday.

Compañía de Minas Buenaventura S.A.A. 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.