Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Stock Price Up 4.1% - Here's What Happened

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) shares were up 4.1% during mid-day trading on Thursday . The stock traded as high as $14.19 and last traded at $14.19. Approximately 186,003 shares traded hands during trading, a decline of 79% from the average daily volume of 901,279 shares. The stock had previously closed at $13.64.

Analyst Ratings Changes

A number of research analysts have recently commented on BVN shares. 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 objective for the company in a research report on Thursday, November 21st. StockNews.com lowered Compañía de Minas Buenaventura S.A.A. from a "buy" rating to a "hold" rating in a research note on Monday, February 24th.

Compañía de Minas Buenaventura S.A.A. Stock Performance

The company's fifty day simple moving average is $13.01 and its 200 day simple moving average is $12.88. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.82 and a quick ratio of 1.64. The firm has a market capitalization of $3.88 billion, a PE ratio of 10.88 and a beta of 0.76.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last issued its earnings results on Thursday, February 20th. The mining company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.07). The firm 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%. As a group, equities research analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

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Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BVN. SBI Securities Co. Ltd. purchased a new stake in Compañía de Minas Buenaventura S.A.A. during the fourth quarter valued at approximately $50,000. Barclays PLC grew its position in Compañía de Minas Buenaventura S.A.A. by 37.2% in the third quarter. Barclays PLC now owns 161,288 shares of the mining company's stock worth $2,232,000 after acquiring an additional 43,692 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Compañía de Minas Buenaventura S.A.A. by 212.0% in the third quarter. JPMorgan Chase & Co. now owns 1,698,044 shares of the mining company's stock worth $23,501,000 after buying an additional 1,153,819 shares during the last quarter. Weiss Asset Management LP purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the 3rd quarter worth about $1,367,000. Finally, Sanctuary Advisors LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the third quarter worth about $153,000.

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.