Great West Life Assurance Co. Can raised its holdings in Buenaventura Mining Company Inc. (NYSE:BVN) by 12.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,108 shares of the mining company’s stock after acquiring an additional 9,900 shares during the quarter. Great West Life Assurance Co. Can’s holdings in Buenaventura Mining were worth $1,011,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Ronald Blue & Co. LLC acquired a new stake in Buenaventura Mining during the 1st quarter worth about $127,000. ING Groep NV acquired a new stake in Buenaventura Mining during the 1st quarter worth about $132,000. Virtu Financial LLC acquired a new stake in Buenaventura Mining during the 2nd quarter worth about $141,000. Stevens Capital Management LP acquired a new stake in Buenaventura Mining during the 1st quarter worth about $148,000. Finally, Comerica Bank raised its holdings in Buenaventura Mining by 1.3% during the 1st quarter. Comerica Bank now owns 15,760 shares of the mining company’s stock worth $183,000 after buying an additional 205 shares during the period. 44.93% of the stock is owned by institutional investors.

BVN has been the topic of several recent analyst reports. BidaskClub upgraded Buenaventura Mining from a “hold” rating to a “buy” rating in a report on Saturday, August 26th. Credit Suisse Group restated a “hold” rating on shares of Buenaventura Mining in a report on Friday, July 28th. Finally, ValuEngine downgraded Buenaventura Mining from a “hold” rating to a “sell” rating in a report on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $15.05.

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Buenaventura Mining Company Inc. (NYSE BVN) opened at 13.46 on Tuesday. Buenaventura Mining Company Inc. has a one year low of $9.87 and a one year high of $15.60. The stock has a 50 day moving average price of $12.52 and a 200-day moving average price of $12.24. The firm’s market cap is $4.15 billion.

Buenaventura Mining (NYSE:BVN) last released its quarterly earnings data on Thursday, July 27th. The mining company reported ($0.02) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by $0.24. Buenaventura Mining had a negative net margin of 33.54% and a negative return on equity of 11.01%. The business had revenue of $256.73 million for the quarter, compared to the consensus estimate of $327.50 million. During the same quarter last year, the firm earned $0.22 EPS. The company’s revenue for the quarter was down 10.0% on a year-over-year basis. Analysts predict that Buenaventura Mining Company Inc. will post $0.95 EPS for the current fiscal year.

Buenaventura Mining Profile

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.

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Institutional Ownership by Quarter for Buenaventura Mining (NYSE:BVN)

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