82,662 Shares in Buenaventura Mining Company Inc. (NYSE:BVN) Purchased by Moneda S.A. Administradora General de Fondos

Key Points

• Moneda S.A. purchased 82,662 shares of Buenaventura Mining Company Inc. (NYSE: BVN) in the first quarter, valued at approximately $1.29 million, making up 1.4% of their portfolio.
• FIL Ltd significantly increased its stake in Buenaventura Mining by 810.7%, now owning over 2.6 million shares valued at approximately $30.36 million.
• Analyst ratings have mixed outlooks for Buenaventura Mining, with Wall Street Zen downgrading it to a "hold" while Scotiabank raised its price target from $15.00 to $15.50.

Moneda S.A. Administradora General de Fondos purchased a new position in Buenaventura Mining Company Inc. (NYSE:BVN - Free Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 82,662 shares of the mining company's stock, valued at approximately $1,292,000. Buenaventura Mining makes up 1.4% of Moneda S.A. Administradora General de Fondos' portfolio, making the stock its 16th biggest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. FIL Ltd boosted its stake in shares of Buenaventura Mining by 810.7% during the 4th quarter. FIL Ltd now owns 2,635,020 shares of the mining company's stock worth $30,355,000 after acquiring an additional 2,345,676 shares in the last quarter. Canada Pension Plan Investment Board purchased a new stake in shares of Buenaventura Mining during the fourth quarter valued at $25,970,000. Tidal Investments LLC boosted its position in shares of Buenaventura Mining by 56.6% in the 4th quarter. Tidal Investments LLC now owns 3,332,263 shares of the mining company's stock valued at $38,388,000 after purchasing an additional 1,204,879 shares during the period. Northern Trust Corp increased its stake in Buenaventura Mining by 105.3% in the 4th quarter. Northern Trust Corp now owns 1,235,916 shares of the mining company's stock worth $14,238,000 after purchasing an additional 633,793 shares in the last quarter. Finally, Moore Capital Management LP purchased a new position in Buenaventura Mining in the 4th quarter worth about $5,752,000.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on BVN. Wall Street Zen lowered Buenaventura Mining from a "buy" rating to a "hold" rating in a report on Friday, July 18th. Scotiabank upped their price target on Buenaventura Mining from $15.00 to $15.50 and gave the company a "sector perform" rating in a research report on Monday, April 14th.

Buenaventura Mining Stock Performance

BVN stock opened at $17.78 on Friday. The firm has a 50 day simple moving average of $16.15 and a 200 day simple moving average of $14.61. Buenaventura Mining Company Inc. has a 52 week low of $11.50 and a 52 week high of $17.98. The stock has a market cap of $4.51 billion, a P/E ratio of 9.41 and a beta of 0.43. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.58 and a current ratio of 1.75.

Buenaventura Mining 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.

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