Matthews International Capital Management LLC Invests $290,000 in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Matthews International Capital Management LLC purchased a new stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 25,199 shares of the mining company's stock, valued at approximately $290,000.

A number of other institutional investors have also recently made changes to their positions in BVN. Dimensional Fund Advisors LP increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 7.1% during the second quarter. Dimensional Fund Advisors LP now owns 279,893 shares of the mining company's stock worth $4,737,000 after acquiring an additional 18,564 shares during the period. Sei Investments Co. increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 0.4% during the second quarter. Sei Investments Co. now owns 200,705 shares of the mining company's stock worth $3,402,000 after acquiring an additional 800 shares during the period. Squarepoint Ops LLC increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 239.9% during the second quarter. Squarepoint Ops LLC now owns 97,905 shares of the mining company's stock worth $1,659,000 after acquiring an additional 69,105 shares during the period. Millennium Management LLC increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 104.4% during the second quarter. Millennium Management LLC now owns 214,796 shares of the mining company's stock worth $3,641,000 after acquiring an additional 109,709 shares during the period. Finally, GAMMA Investing LLC increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 18.7% during the third quarter. GAMMA Investing LLC now owns 5,897 shares of the mining company's stock worth $82,000 after acquiring an additional 929 shares during the period.

Compañía de Minas Buenaventura S.A.A. Stock Down 0.5 %

BVN stock traded down $0.07 during trading on Friday, hitting $12.72. 754,834 shares of the company's stock traded hands, compared to its average volume of 777,712. The firm has a market capitalization of $3.23 billion, a P/E ratio of 9.02 and a beta of 0.81. The business has a fifty day simple moving average of $12.48 and a two-hundred day simple moving average of $13.26. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $11.50 and a 1 year high of $18.84.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The mining company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.02. Compañía de Minas Buenaventura S.A.A. had a net margin of 32.40% and a return on equity of 6.15%. The business had revenue of $331.11 million for the quarter, compared to analyst estimates of $332.94 million. During the same period in the previous year, the company earned ($0.11) earnings per share. Sell-side analysts anticipate that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. StockNews.com raised shares of Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a research report on Friday, December 27th. 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 on the stock in a report on Thursday, November 21st.

Compañía de Minas Buenaventura S.A.A. 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.