Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Trading 5% Higher - Should You Buy?

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report)'s stock price shot up 5% during mid-day trading on Wednesday . The company traded as high as $13.70 and last traded at $13.58. 554,534 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 1,192,115 shares. The stock had previously closed at $12.94.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on BVN shares. StockNews.com downgraded shares of Compañía de Minas Buenaventura S.A.A. from a "buy" rating to a "hold" rating in a research note on Monday, February 24th. Scotiabank lifted their price target on shares of Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the company a "sector perform" rating in a report on Monday.

Compañía de Minas Buenaventura S.A.A. Stock Up 0.3 %

The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $3.77 billion, a price-to-earnings ratio of 10.52 and a beta of 0.37. The firm has a 50 day moving average price of $13.91 and a two-hundred day moving average price of $13.17.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last released its quarterly earnings data 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). Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. The business had revenue of $299.59 million for the quarter, compared to analysts' expectations of $315.77 million. On average, equities analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current fiscal year.

Compañía de Minas Buenaventura S.A.A. Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Monday, May 12th. Stockholders of record on Wednesday, April 16th will be paid a dividend of $0.2922 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a dividend yield of 0.5%. This is a positive change from Compañía de Minas Buenaventura S.A.A.'s previous semi-annual dividend of $0.07. Compañía de Minas Buenaventura S.A.A.'s dividend payout ratio (DPR) is currently 22.15%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BVN. Polunin Capital Partners Ltd purchased a new stake in Compañía de Minas Buenaventura S.A.A. during the 1st quarter worth $7,804,000. GAMMA Investing LLC increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 1,730.8% during the first quarter. GAMMA Investing LLC now owns 177,901 shares of the mining company's stock worth $2,781,000 after acquiring an additional 168,184 shares during the last quarter. PKO Investment Management Joint Stock Co acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter worth about $1,405,000. TFG Asset Management GP Ltd acquired a new position in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter worth about $426,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 0.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,252,971 shares of the mining company's stock valued at $14,434,000 after purchasing an additional 9,808 shares during the last quarter.

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.