Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Trading 3.6% Higher - Should You Buy?

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) shares shot up 3.6% on Monday . The company traded as high as $14.98 and last traded at $14.82. 55,732 shares traded hands during trading, a decline of 95% from the average session volume of 1,174,435 shares. The stock had previously closed at $14.30.

Wall Street Analysts Forecast Growth

Several research firms recently commented on BVN. Scotiabank upped 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 research note on Monday, April 14th. StockNews.com lowered shares of Compañía de Minas Buenaventura S.A.A. from a "buy" rating to a "hold" rating in a research report on Monday, February 24th.

Compañía de Minas Buenaventura S.A.A. Trading Down 2.9 %

The stock has a market capitalization of $3.69 billion, a P/E ratio of 10.32 and a beta of 0.37. 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 business has a 50-day moving average price of $14.20 and a two-hundred day moving average price of $13.23.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The mining company reported $0.13 earnings per share 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 firm had revenue of $299.59 million for the quarter, compared to the consensus estimate of $315.77 million. On average, analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

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

The company also recently declared a semi-annual dividend, which will be paid on Monday, May 12th. Investors of record on Wednesday, April 16th will be given a dividend of $0.2922 per share. This is a positive change from Compañía de Minas Buenaventura S.A.A.'s previous semi-annual dividend of $0.07. The ex-dividend date is Wednesday, April 16th. This represents a dividend yield of 0.5%. Compañía de Minas Buenaventura S.A.A.'s dividend payout ratio (DPR) is currently 17.72%.

Institutional Investors Weigh In On Compañía de Minas Buenaventura S.A.A.

Several institutional investors and hedge funds have recently added to or reduced their stakes in BVN. Tidal Investments LLC raised its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 56.6% during the 4th quarter. Tidal Investments LLC now owns 3,332,263 shares of the mining company's stock worth $38,388,000 after buying an additional 1,204,879 shares in the last quarter. FIL Ltd raised its stake in Compañía de Minas Buenaventura S.A.A. by 810.7% during the fourth quarter. FIL Ltd now owns 2,635,020 shares of the mining company's stock worth $30,355,000 after acquiring an additional 2,345,676 shares in the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter worth about $25,970,000. JPMorgan Chase & Co. boosted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 23.9% in the 4th quarter. JPMorgan Chase & Co. now owns 2,103,645 shares of the mining company's stock valued at $24,234,000 after purchasing an additional 405,601 shares in the last quarter. Finally, Sagil Capital LLP grew its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 35.1% during the 4th quarter. Sagil Capital LLP now owns 1,658,518 shares of the mining company's stock valued at $19,106,000 after purchasing an additional 430,960 shares during the last quarter.

Compañía de Minas Buenaventura S.A.A. Company 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.