ValuEngine cut shares of Compania de Minas Buenaventura SAA (NYSE:BVN) from a buy rating to a hold rating in a report released on Wednesday morning.

BVN has been the topic of several other research reports. TheStreet cut shares of Compania de Minas Buenaventura SAA from a b- rating to a c+ rating in a research report on Thursday, July 12th. Zacks Investment Research cut shares of Compania de Minas Buenaventura SAA from a hold rating to a strong sell rating in a research report on Friday, June 8th. Finally, Scotiabank restated a hold rating and set a $16.00 price objective on shares of Compania de Minas Buenaventura SAA in a research report on Tuesday, July 17th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of $16.43.

Compania de Minas Buenaventura SAA stock opened at $12.20 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.80 and a current ratio of 2.20. The firm has a market cap of $3.45 billion, a PE ratio of 32.97 and a beta of 1.14. Compania de Minas Buenaventura SAA has a fifty-two week low of $11.67 and a fifty-two week high of $16.80.

Compania de Minas Buenaventura SAA (NYSE:BVN) last posted its quarterly earnings data on Thursday, July 26th. The mining company reported $0.16 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by ($0.12). The company had revenue of $322.57 million for the quarter, compared to analysts’ expectations of $330.36 million. Compania de Minas Buenaventura SAA had a net margin of 4.79% and a return on equity of 3.29%. equities analysts forecast that Compania de Minas Buenaventura SAA will post 0.66 earnings per share for the current year.

A number of large investors have recently modified their holdings of BVN. FMR LLC raised its position in Compania de Minas Buenaventura SAA by 19.1% in the 2nd quarter. FMR LLC now owns 10,872,725 shares of the mining company’s stock worth $148,195,000 after purchasing an additional 1,741,425 shares during the period. Van ECK Associates Corp raised its position in Compania de Minas Buenaventura SAA by 12.8% in the 2nd quarter. Van ECK Associates Corp now owns 14,681,652 shares of the mining company’s stock worth $200,111,000 after purchasing an additional 1,671,451 shares during the period. BlackRock Inc. raised its position in Compania de Minas Buenaventura SAA by 5.0% in the 2nd quarter. BlackRock Inc. now owns 14,783,517 shares of the mining company’s stock worth $201,497,000 after purchasing an additional 701,047 shares during the period. Compass Group LLC raised its position in Compania de Minas Buenaventura SAA by 56.0% in the 2nd quarter. Compass Group LLC now owns 1,497,671 shares of the mining company’s stock worth $20,398,000 after purchasing an additional 537,731 shares during the period. Finally, Bank of America Corp DE raised its position in Compania de Minas Buenaventura SAA by 174.4% in the 2nd quarter. Bank of America Corp DE now owns 742,029 shares of the mining company’s stock worth $10,114,000 after purchasing an additional 471,615 shares during the period. Institutional investors own 52.04% of the company’s stock.

Compania de Minas Buenaventura SAA Company Profile

Compañía de Minas Buenaventura SAA., a precious metals company, engages in the exploration, mining, and processing of gold, silver, lead, zinc, and copper metals in Peru, the United States, Europe, and Asia. The company operates five operating mining units, including Uchucchacua, Orcopampa, Julcani, Mallay, and Tambomayo in Peru; and San Gabriel, a mining unit under development stage.

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