Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Trading Down 2.4% - Time to Sell?

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) was down 2.4% during trading on Monday . The company traded as low as $14.31 and last traded at $14.22. Approximately 40,427 shares were traded during trading, a decline of 96% from the average daily volume of 1,048,043 shares. The stock had previously closed at $14.57.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Scotiabank lifted their price target on Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the company a "sector perform" rating in a research report on Monday, April 14th. StockNews.com upgraded shares of Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a research report on Thursday.

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

The company has a market cap of $3.65 billion, a P/E ratio of 10.21 and a beta of 0.37. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.82 and a quick ratio of 1.64. The company has a fifty day simple moving average of $14.34 and a 200-day simple moving average of $13.26.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last released 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). The firm had revenue of $299.59 million during the quarter, compared to analysts' expectations of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. On average, sell-side analysts predict that Compañía de Minas Buenaventura S.A.A. will post 1.13 earnings per share for the current year.

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

The business also recently announced a semi-annual dividend, which will be paid on Monday, May 12th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.2922 per share. The ex-dividend date is Wednesday, April 16th. This represents a dividend 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. Compañía de Minas Buenaventura S.A.A.'s dividend payout ratio (DPR) is 17.72%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BVN. Barclays PLC grew its stake in shares of 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 buying an additional 43,692 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Compañía de Minas Buenaventura S.A.A. by 212.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,698,044 shares of the mining company's stock worth $23,501,000 after purchasing an additional 1,153,819 shares during the last quarter. GAMMA Investing LLC raised its holdings 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 valued at $112,000 after purchasing an additional 3,820 shares in the last quarter. SG Americas Securities LLC lifted its stake in shares of Compañía de Minas Buenaventura S.A.A. by 7.7% in the 4th quarter. SG Americas Securities LLC now owns 21,600 shares of the mining company's stock valued at $249,000 after purchasing an additional 1,543 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Compañía de Minas Buenaventura S.A.A. by 20.9% in the fourth quarter. Blue Trust Inc. now owns 55,843 shares of the mining company's stock worth $643,000 after buying an additional 9,666 shares during the last quarter.

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.