Citigroup Inc. Has $7.10 Million Position in Buenaventura Mining Company Inc. $BVN

Citigroup Inc. grew its position in Buenaventura Mining Company Inc. (NYSE:BVN - Free Report) by 23.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 453,933 shares of the mining company's stock after purchasing an additional 85,994 shares during the quarter. Citigroup Inc. owned approximately 0.18% of Buenaventura Mining worth $7,095,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of BVN. Canada Pension Plan Investment Board bought a new position in shares of Buenaventura Mining in the fourth quarter valued at approximately $25,970,000. Tidal Investments LLC raised its position in shares of Buenaventura Mining by 56.6% in the fourth 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 raised its position in shares of Buenaventura Mining by 105.3% in the fourth quarter. Northern Trust Corp now owns 1,235,916 shares of the mining company's stock valued at $14,238,000 after purchasing an additional 633,793 shares during the period. Moore Capital Management LP bought a new position in shares of Buenaventura Mining in the fourth quarter valued at approximately $5,752,000. Finally, Polunin Capital Partners Ltd bought a new position in shares of Buenaventura Mining in the first quarter valued at approximately $7,804,000.

Buenaventura Mining Stock Performance

Shares of Buenaventura Mining stock traded up $0.5750 during midday trading on Friday, hitting $18.9650. The company had a trading volume of 190,810 shares, compared to its average volume of 1,010,252. The business's 50 day simple moving average is $17.15 and its two-hundred day simple moving average is $15.37. The stock has a market cap of $4.81 billion, a PE ratio of 9.64 and a beta of 0.34. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.54 and a quick ratio of 2.31. Buenaventura Mining Company Inc. has a 1-year low of $11.50 and a 1-year high of $19.04.

Buenaventura Mining (NYSE:BVN - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The mining company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.10. Buenaventura Mining had a net margin of 38.38% and a return on equity of 9.47%. The firm had revenue of $369.50 million for the quarter, compared to the consensus estimate of $338.29 million. As a group, equities analysts predict that Buenaventura Mining Company Inc. will post 1.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen downgraded shares of Buenaventura Mining from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $16.75.

Buenaventura Mining 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.