Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Down 2.4% - What's Next?

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

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on BVN shares. StockNews.com downgraded shares of Compañía de Minas Buenaventura S.A.A. from a "buy" rating to a "hold" rating in a report on Monday, February 24th. Scotiabank raised their price objective on Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the company a "sector perform" rating in a report on Monday, April 14th.

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

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 stock has a fifty day moving average of $14.20 and a 200-day moving average of $13.23. The stock has a market cap of $3.61 billion, a PE ratio of 10.10 and a beta of 0.37.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last issued 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 analysts' expectations of $315.77 million. On average, equities analysts forecast that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current year.

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

The firm also recently declared a semi-annual dividend, which will be paid on Monday, May 12th. Investors of record on Wednesday, April 16th will be issued a $0.2922 dividend. 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 of this dividend is Wednesday, April 16th. This represents a yield of 0.5%. Compañía de Minas Buenaventura S.A.A.'s dividend payout ratio (DPR) is presently 17.72%.

Hedge Funds Weigh In On Compañía de Minas Buenaventura S.A.A.

Several institutional investors and hedge funds have recently made changes to their positions in BVN. SBI Securities Co. Ltd. bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter worth approximately $50,000. Barclays PLC boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 37.2% during the third quarter. Barclays PLC now owns 161,288 shares of the mining company's stock worth $2,232,000 after buying an additional 43,692 shares during the period. JPMorgan Chase & Co. increased its position in Compañía de Minas Buenaventura S.A.A. by 212.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,698,044 shares of the mining company's stock valued at $23,501,000 after acquiring an additional 1,153,819 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 3rd quarter worth approximately $153,000. Finally, Bank of New York Mellon Corp increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 16.7% during the 4th quarter. Bank of New York Mellon Corp now owns 197,202 shares of the mining company's stock valued at $2,272,000 after purchasing an additional 28,261 shares during the period.

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.

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