Shares of Compania de Minas Buenaventura SAA (NYSE:BVN) have been given a consensus rating of “Hold” by the six research firms that are presently covering the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $12.00.

A number of analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Compania de Minas Buenaventura SAA from a “buy” rating to a “hold” rating in a report on Thursday, October 27th. HSBC downgraded shares of Compania de Minas Buenaventura SAA from a “buy” rating to a “hold” rating and set a $15.10 price target for the company. in a report on Thursday, November 3rd.

Several hedge funds have recently made changes to their positions in the company. Rational Advisors LLC bought a new position in Compania de Minas Buenaventura SAA during the second quarter worth $105,000. Catalyst Capital Advisors LLC bought a new position in Compania de Minas Buenaventura SAA during the third quarter worth $111,000. Global X Management Co. LLC boosted its position in Compania de Minas Buenaventura SAA by 7.7% in the second quarter. Global X Management Co. LLC now owns 11,628 shares of the mining company’s stock worth $139,000 after buying an additional 836 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Compania de Minas Buenaventura SAA during the second quarter worth $145,000. Finally, Timber Hill LLC bought a new position in Compania de Minas Buenaventura SAA during the second quarter worth $146,000. Institutional investors and hedge funds own 50.41% of the company’s stock.

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Shares of Compania de Minas Buenaventura SAA (NYSE:BVN) traded down 1.41% during midday trading on Tuesday, reaching $11.21. The company’s stock had a trading volume of 635,708 shares. The stock’s market capitalization is $2.87 billion. Compania de Minas Buenaventura SAA has a 52 week low of $3.30 and a 52 week high of $16.45. The company has a 50 day moving average price of $12.44 and a 200-day moving average price of $12.70.

Compania de Minas Buenaventura SAA (NYSE:BVN) last released its quarterly earnings data on Friday, October 28th. The mining company reported ($0.10) EPS for the quarter, missing the Zacks’ consensus estimate of $0.12 by $0.22. The business earned $269 million during the quarter, compared to analyst estimates of $262 million. Compania de Minas Buenaventura SAA had a negative net margin of 20.68% and a negative return on equity of 5.78%. The firm’s revenue was up 27.5% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.09) EPS. On average, equities research analysts expect that Compania de Minas Buenaventura SAA will post $0.66 EPS for the current year.

The company also recently declared an annual dividend, which will be paid on Wednesday, December 7th. Stockholders of record on Thursday, November 10th will be issued a dividend of $0.029 per share. The ex-dividend date of this dividend is Tuesday, November 8th. Compania de Minas Buenaventura SAA’s dividend payout ratio is currently -3.61%.

About Compania de Minas Buenaventura SAA

Compania de Minas Buenaventura SAA. (Buenaventura) is a precious metals company. The Company is engaged in the exploration, mining and processing of gold, silver and other metals in Peru. The Company’s segments include Production and sale of minerals; Exploration and development activities; Construction and engineering services; Energy generation and transmission services; Insurance brokerage; Rental of mining concessions; Holding of investment in shares (mainly in Minera Yanacocha S.R.L.

5 Day Chart for NYSE:BVN

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