Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Up 3.6% - What's Next?

Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) rose 3.6% during mid-day trading on Monday . The stock traded as high as $14.98 and last traded at $14.82. Approximately 55,732 shares changed hands during trading, a decline of 95% from the average daily volume of 1,174,435 shares. The stock had previously closed at $14.30.

Wall Street Analyst Weigh In

BVN has been the subject of several recent research reports. StockNews.com downgraded 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 increased their price target on shares of Compañía de Minas Buenaventura S.A.A. from $15.00 to $15.50 and gave the stock a "sector perform" rating in a research note on Monday, April 14th.

Compañía de Minas Buenaventura S.A.A. Stock Down 2.9 %

The company's 50 day moving average price is $14.20 and its two-hundred day moving average price is $13.24. The firm has a market cap of $3.69 billion, a PE ratio of 10.32 and a beta of 0.37. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The mining company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.07). The business 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 net margin of 32.40% and a return on equity of 6.15%. On average, equities research analysts expect that Compañía de Minas Buenaventura S.A.A. will post 1.13 EPS for the current fiscal year.

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

The company also recently announced a semi-annual dividend, which will be paid on Monday, May 12th. Stockholders of record on Wednesday, April 16th will be paid a $0.2922 dividend. The ex-dividend date is Wednesday, April 16th. This represents a dividend yield of 0.5%. This is an increase 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 is currently 17.72%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. SBI Securities Co. Ltd. bought a new stake in Compañía de Minas Buenaventura S.A.A. during the 4th quarter valued at about $50,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in 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 worth $58,000 after purchasing an additional 1,389 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Compañía de Minas Buenaventura S.A.A. during the 4th quarter valued at about $63,000. R Squared Ltd purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at approximately $74,000. Finally, GAMMA Investing LLC raised its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 64.8% in the fourth 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.

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.