Short Interest in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Grows By 20.5%

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 4,470,000 shares, a growth of 20.5% from the March 15th total of 3,710,000 shares. Approximately 1.8% of the company's stock are short sold. Based on an average daily trading volume, of 1,090,000 shares, the short-interest ratio is currently 4.1 days.

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

Shares of BVN stock traded down $0.44 during trading on Friday, reaching $14.55. The company had a trading volume of 1,025,387 shares, compared to its average volume of 1,169,745. The firm's 50 day simple moving average is $14.20 and its two-hundred day simple moving average is $13.23. Compañía de Minas Buenaventura S.A.A. has a one year low of $11.50 and a one year high of $18.84. 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 market capitalization of $3.69 billion, a PE ratio of 10.32 and a beta of 0.37.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The mining company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.07). The firm had revenue of $299.59 million during the quarter, compared to the consensus estimate of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a net margin of 32.40% and a return on equity of 6.15%. Sell-side analysts forecast 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 firm also recently declared a semi-annual dividend, which will be paid on Monday, May 12th. Stockholders of record on Wednesday, April 16th will be given a $0.2922 dividend. This is an increase from Compañía de Minas Buenaventura S.A.A.'s previous semi-annual dividend of $0.07. This represents a dividend yield of 0.5%. The ex-dividend date is Wednesday, April 16th. Compañía de Minas Buenaventura S.A.A.'s dividend payout ratio (DPR) is currently 17.72%.

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

Large investors have recently made changes to their positions in the business. Sequoia Financial Advisors LLC increased its position in Compañía de Minas Buenaventura S.A.A. by 8.6% in the 4th quarter. Sequoia Financial Advisors LLC now owns 10,977 shares of the mining company's stock worth $126,000 after buying an additional 867 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in Compañía de Minas Buenaventura S.A.A. by 41.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,752 shares of the mining company's stock worth $58,000 after acquiring an additional 1,389 shares during the period. SG Americas Securities LLC raised its stake in Compañía de Minas Buenaventura S.A.A. by 7.7% during 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. GAMMA Investing LLC boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 17.1% in the 1st quarter. GAMMA Investing LLC now owns 11,382 shares of the mining company's stock valued at $178,000 after purchasing an additional 1,665 shares during the period. Finally, Quadrant Capital Group LLC boosted its holdings in Compañía de Minas Buenaventura S.A.A. by 13.0% in the 4th quarter. Quadrant Capital Group LLC now owns 15,217 shares of the mining company's stock valued at $175,000 after purchasing an additional 1,749 shares during the period.

Analyst Ratings Changes

A number of analysts have issued reports on BVN shares. Scotiabank lifted their target price on shares of Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the company a "sector perform" rating in a research note on Monday, April 14th. 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.

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.