Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Stock Rating Upgraded by Scotiabank

Scotiabank upgraded shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) from a sector underperform rating to a sector perform rating in a research note published on Thursday, Marketbeat reports. Scotiabank currently has $15.00 price target on the mining company’s stock.

Separately, Morgan Stanley lowered their price objective on shares of 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.

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

Shares of BVN opened at $12.15 on Thursday. Compañía de Minas Buenaventura S.A.A. has a twelve month low of $8.86 and a twelve month high of $18.84. The company has a 50 day moving average of $13.22 and a two-hundred day moving average of $14.92. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.40.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC increased its holdings in Compañía de Minas Buenaventura S.A.A. by 16.8% in the second quarter. GAMMA Investing LLC now owns 4,968 shares of the mining company’s stock valued at $84,000 after buying an additional 716 shares in the last quarter. Sei Investments Co. boosted its position in 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 last quarter. Diversify Wealth Management LLC boosted its position in Compañía de Minas Buenaventura S.A.A. by 2.4% during the third quarter. Diversify Wealth Management LLC now owns 37,092 shares of the mining company’s stock worth $501,000 after acquiring an additional 876 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 63.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock valued at $42,000 after purchasing an additional 1,054 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new position in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at about $35,000.

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.