Point72 Asset Management L.P. Invests $1.05 Million in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Point72 Asset Management L.P. acquired a new stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 75,600 shares of the mining company's stock, valued at approximately $1,046,000.

A number of other large investors have also made changes to their positions in the stock. Ashton Thomas Private Wealth LLC acquired a new position in Compañía de Minas Buenaventura S.A.A. in the second quarter valued at $35,000. EverSource Wealth Advisors LLC increased its stake in shares of Compañía de Minas Buenaventura S.A.A. by 63.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company's stock valued at $42,000 after acquiring an additional 1,054 shares during the last quarter. Employees Retirement System of Texas purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the second quarter valued at approximately $47,000. Point72 Hong Kong Ltd purchased a new position in Compañía de Minas Buenaventura S.A.A. during the third quarter worth approximately $56,000. Finally, Headlands Technologies LLC purchased a new position in Compañía de Minas Buenaventura S.A.A. in the second quarter valued at approximately $80,000.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Morgan Stanley lowered their price objective on Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an "overweight" rating for the company in a research note on Thursday, September 19th. StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a report on Friday, November 22nd. Finally, 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 report on Thursday, November 21st.

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

NYSE BVN traded up $0.48 during trading hours on Wednesday, reaching $13.26. The company's stock had a trading volume of 636,063 shares, compared to its average volume of 1,332,329. The stock has a market cap of $3.37 billion, a PE ratio of 9.04 and a beta of 0.80. The business has a 50-day simple moving average of $12.84 and a 200 day simple moving average of $14.40. Compañía de Minas Buenaventura S.A.A. has a 52 week low of $9.13 and a 52 week high of $18.84. The company has a current ratio of 1.40, a quick ratio of 1.17 and a debt-to-equity ratio of 0.20.

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.