Polunin Capital Partners Ltd Acquires New Holdings in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Polunin Capital Partners Ltd acquired a new stake in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 499,281 shares of the mining company's stock, valued at approximately $7,804,000. Compañía de Minas Buenaventura S.A.A. makes up 1.3% of Polunin Capital Partners Ltd's investment portfolio, making the stock its 12th largest holding. Polunin Capital Partners Ltd owned approximately 0.20% of Compañía de Minas Buenaventura S.A.A. at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at $50,000. Mirae Asset Global Investments Co. Ltd. raised its position in 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 purchasing an additional 1,389 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at $63,000. R Squared Ltd purchased a new stake in Compañía de Minas Buenaventura S.A.A. in the 4th quarter valued at $74,000. Finally, Sequoia Financial Advisors LLC raised its position in Compañía de Minas Buenaventura S.A.A. by 8.6% during 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 last quarter.

Analyst Ratings Changes

A number of research firms have recently weighed in on BVN. Scotiabank upped 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. Wall Street Zen upgraded shares of Compañía de Minas Buenaventura S.A.A. from a "hold" rating to a "buy" rating in a report on Thursday, May 1st.

Compañía de Minas Buenaventura S.A.A. Trading Up 4.5%

Shares of BVN stock traded up $0.72 during trading hours on Thursday, hitting $16.89. 1,509,475 shares of the company were exchanged, compared to its average volume of 1,123,745. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $11.50 and a 1 year high of $17.93. The firm has a fifty day moving average of $14.63 and a 200 day moving average of $13.58. 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 firm has a market cap of $4.29 billion, a PE ratio of 11.98 and a beta of 0.42.

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

The business also recently declared a semi-annual dividend, which was paid on Monday, May 12th. Stockholders of record on Wednesday, April 16th were given a dividend of $0.2922 per share. The ex-dividend date of this dividend was 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 (DPR) is presently 14.81%.

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.