Credit Suisse Group reissued their hold rating on shares of Buenaventura Mining Company Inc. (NYSE:BVN) in a research report report published on Friday morning.

Other equities research analysts have also issued reports about the stock. BidaskClub upgraded shares of Buenaventura Mining from a sell rating to a hold rating in a research report on Tuesday, July 11th. ValuEngine lowered shares of Buenaventura Mining from a hold rating to a sell rating in a research report on Tuesday, June 13th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. Buenaventura Mining presently has a consensus rating of Hold and a consensus target price of $15.05.

Shares of Buenaventura Mining (NYSE:BVN) opened at 12.24 on Friday. Buenaventura Mining has a 12 month low of $9.87 and a 12 month high of $16.45. The stock has a 50 day moving average of $11.71 and a 200-day moving average of $12.37. The firm’s market capitalization is $3.09 billion.

Buenaventura Mining (NYSE:BVN) last released its quarterly earnings data on Thursday, July 27th. The mining company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.22 by $0.24. Buenaventura Mining had a negative return on equity of 10.92% and a negative net margin of 33.54%. The business had revenue of $256.73 million during the quarter, compared to analysts’ expectations of $327.50 million. During the same quarter in the prior year, the firm earned $0.22 earnings per share. Buenaventura Mining’s quarterly revenue was down 10.0% on a year-over-year basis. On average, equities research analysts anticipate that Buenaventura Mining will post $0.98 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: “Buenaventura Mining’s (BVN) “Hold” Rating Reaffirmed at Credit Suisse Group” was first published by Watch List News and is the sole property of of Watch List News. If you are reading this news story on another publication, it was copied illegally and reposted in violation of United States & international copyright and trademark laws. The legal version of this news story can be viewed at https://www.watchlistnews.com/buenaventura-minings-bvn-hold-rating-reaffirmed-at-credit-suisse-group/1465888.html.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Van ECK Associates Corp increased its position in Buenaventura Mining by 17.1% in the first quarter. Van ECK Associates Corp now owns 19,245,114 shares of the mining company’s stock worth $231,711,000 after buying an additional 2,804,239 shares during the last quarter. BlackRock Inc. increased its position in Buenaventura Mining by 1,334.1% in the first quarter. BlackRock Inc. now owns 15,283,839 shares of the mining company’s stock worth $184,018,000 after buying an additional 14,218,103 shares during the last quarter. Oldfield Partners LLP increased its position in Buenaventura Mining by 33.7% in the first quarter. Oldfield Partners LLP now owns 6,073,877 shares of the mining company’s stock worth $44,704,000 after buying an additional 1,529,332 shares during the last quarter. Vanguard Group Inc. increased its position in Buenaventura Mining by 2.2% in the first quarter. Vanguard Group Inc. now owns 6,001,103 shares of the mining company’s stock worth $72,253,000 after buying an additional 126,988 shares during the last quarter. Finally, FMR LLC increased its position in Buenaventura Mining by 3.2% in the first quarter. FMR LLC now owns 4,702,223 shares of the mining company’s stock worth $56,615,000 after buying an additional 144,280 shares during the last quarter. 48.35% of the stock is owned by hedge funds and other institutional investors.

Buenaventura Mining Company Profile

Compania de Minas Buenaventura SAA. (Buenaventura) is a precious metals company. The Company is engaged in the exploration, mining and processing of gold, silver and other metals in Peru. The Company’s segments include Production and sale of minerals; Exploration and development activities; Construction and engineering services; Energy generation and transmission services; Insurance brokerage; Rental of mining concessions; Holding of investment in shares (mainly in Minera Yanacocha S.R.L.

Receive News & Ratings for Buenaventura Mining Company Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buenaventura Mining Company Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.