R Squared Ltd Makes New Investment in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

R Squared Ltd bought a new stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 6,450 shares of the mining company’s stock, valued at approximately $74,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 37.2% in the 3rd quarter. Barclays PLC now owns 161,288 shares of the mining company’s stock valued at $2,232,000 after purchasing an additional 43,692 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 212.0% in the third quarter. JPMorgan Chase & Co. now owns 1,698,044 shares of the mining company’s stock valued at $23,501,000 after buying an additional 1,153,819 shares in the last quarter. Weiss Asset Management LP acquired a new position in Compañía de Minas Buenaventura S.A.A. during the third quarter worth $1,367,000. Sanctuary Advisors LLC purchased a new position in Compañía de Minas Buenaventura S.A.A. in the third quarter worth $153,000. Finally, Harbour Capital Advisors LLC purchased a new position in Compañía de Minas Buenaventura S.A.A. in the third quarter worth $629,000.

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

Shares of BVN stock opened at $12.72 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.82. The stock has a market cap of $3.23 billion, a PE ratio of 9.02 and a beta of 0.81. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $11.50 and a 1 year high of $18.84. The stock has a fifty day moving average price of $12.50 and a 200 day moving average price of $13.23.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last released its quarterly earnings data on Wednesday, October 30th. The mining company reported $0.29 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 firm earned ($0.11) EPS. Sell-side analysts forecast that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on BVN. StockNews.com raised shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research note 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. 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.