Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Sold by Aigen Investment Management LP

Aigen Investment Management LP cut its stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 21.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 22,060 shares of the mining company’s stock after selling 6,100 shares during the quarter. Aigen Investment Management LP’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $254,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. SBI Securities Co. Ltd. purchased a new position in Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at approximately $50,000. Point72 Hong Kong Ltd acquired a new stake in Compañía de Minas Buenaventura S.A.A. in the third quarter valued at $56,000. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 41.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company’s stock valued at $58,000 after buying an additional 1,389 shares in the last quarter. R Squared Ltd purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at $74,000. Finally, GAMMA Investing LLC raised its stake in shares of Compañía de Minas Buenaventura S.A.A. by 64.8% during the 4th quarter. GAMMA Investing LLC now owns 9,717 shares of the mining company’s stock worth $112,000 after buying an additional 3,820 shares during the last quarter.

Compañía de Minas Buenaventura S.A.A. Stock Down 0.9 %

Shares of NYSE:BVN opened at $13.40 on Monday. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $3.40 billion, a P/E ratio of 9.51 and a beta of 0.76. Compañía de Minas Buenaventura S.A.A. has a 52-week low of $11.50 and a 52-week high of $18.84. The stock’s fifty day simple moving average is $12.81 and its 200-day simple moving average is $12.85.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) last announced its earnings results on Thursday, February 20th. The mining company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.07). Compañía de Minas Buenaventura S.A.A. had a net margin of 32.40% and a return on equity of 6.15%. The firm had revenue of $299.59 million during the quarter, compared to analyst estimates of $315.77 million. As a group, equities research analysts forecast that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. StockNews.com cut shares of Compañía de Minas Buenaventura S.A.A. from a “buy” rating to a “hold” rating in a research note on Monday, February 24th. 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 for the company in a research note 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.