Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Hits New 52-Week Low - Should You Sell?

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report)'s share price hit a new 52-week low on Wednesday . The stock traded as low as $13.80 and last traded at $14.09, with a volume of 3735134 shares trading hands. The stock had previously closed at $14.18.

Wall Street Analysts Forecast Growth

BVN has been the topic of a number of recent analyst reports. Scotiabank increased their price target on Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the stock a "sector perform" rating in a research report on Monday, April 14th. 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 Thursday.

Compañía de Minas Buenaventura S.A.A. Trading Up 3.2 %

The company has a fifty day moving average of $14.34 and a 200-day moving average of $13.26. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $3.76 billion, a price-to-earnings ratio of 10.52 and a beta of 0.42.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The mining company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.07). Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. 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 anticipate that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current fiscal year.

Compañía de Minas Buenaventura S.A.A. Increases Dividend

The firm also recently disclosed a semi-annual dividend, which will be paid on Monday, May 12th. Investors of record on Wednesday, April 16th will be given a $0.2922 dividend. This represents a yield of 0.5%. This is a positive change from Compañía de Minas Buenaventura S.A.A.'s previous semi-annual dividend of $0.07. The ex-dividend date is Wednesday, April 16th. Compañía de Minas Buenaventura S.A.A.'s dividend payout ratio is presently 14.81%.

Institutional Investors Weigh In On Compañía de Minas Buenaventura S.A.A.

A number of institutional investors have recently made changes to their positions in the stock. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Compañía de Minas Buenaventura S.A.A. in the 1st quarter valued at approximately $36,000. SBI Securities Co. Ltd. acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the fourth quarter valued at $50,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 41.3% in the 4th 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 during the period. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Compañía de Minas Buenaventura S.A.A. during the 4th quarter worth about $63,000. Finally, R Squared Ltd purchased a new position in Compañía de Minas Buenaventura S.A.A. during the 4th quarter valued at about $74,000.

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.