Point72 Hong Kong Ltd Acquires Shares of 4,063 Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Point72 Hong Kong Ltd bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,063 shares of the mining company’s stock, valued at approximately $56,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Jane Street Group LLC raised its position in Compañía de Minas Buenaventura S.A.A. by 189.8% in the 1st quarter. Jane Street Group LLC now owns 346,379 shares of the mining company’s stock worth $5,500,000 after purchasing an additional 732,158 shares during the period. GAMMA Investing LLC lifted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 16.8% during the 2nd quarter. GAMMA Investing LLC now owns 4,968 shares of the mining company’s stock worth $84,000 after acquiring an additional 716 shares during the last quarter. Csenge Advisory Group boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 266.9% during the 2nd quarter. Csenge Advisory Group now owns 126,300 shares of the mining company’s stock valued at $2,141,000 after acquiring an additional 91,881 shares during the period. Diversify Advisory Services LLC bought a new position in Compañía de Minas Buenaventura S.A.A. in the 2nd quarter valued at $243,000. Finally, Blue Trust Inc. increased its stake in Compañía de Minas Buenaventura S.A.A. by 530.7% in the second quarter. Blue Trust Inc. now owns 15,276 shares of the mining company’s stock worth $243,000 after purchasing an additional 12,854 shares during the period.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. 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, November 22nd. Morgan Stanley reduced their target price on shares of Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, September 19th. 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 target for the company in a research note on Thursday, November 21st.

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

BVN stock opened at $12.18 on Wednesday. Compañía de Minas Buenaventura S.A.A. has a 1-year low of $8.86 and a 1-year high of $18.84. The business has a 50-day moving average price of $13.03 and a 200 day moving average price of $14.63. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.40.

About Compañía de Minas Buenaventura S.A.A.

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.