U S Global Investors Inc. Invests $2.26 Million in Buenaventura Mining Company Inc. (NYSE:BVN)

U S Global Investors Inc. acquired a new position in Buenaventura Mining Company Inc. (NYSE:BVN - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 144,682 shares of the mining company's stock, valued at approximately $2,261,000. U S Global Investors Inc. owned about 0.06% of Buenaventura Mining as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. SBI Securities Co. Ltd. purchased a new position in shares of Buenaventura Mining during the fourth quarter worth $50,000. BNP Paribas Financial Markets boosted its position in Buenaventura Mining by 1,534.8% in the 4th quarter. BNP Paribas Financial Markets now owns 149,876 shares of the mining company's stock worth $1,727,000 after purchasing an additional 140,708 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Buenaventura Mining by 16.7% during the fourth quarter. Bank of New York Mellon Corp now owns 197,202 shares of the mining company's stock worth $2,272,000 after buying an additional 28,261 shares in the last quarter. QRG Capital Management Inc. acquired a new stake in shares of Buenaventura Mining during the 1st quarter valued at about $184,000. Finally, Natixis Advisors LLC purchased a new position in shares of Buenaventura Mining during the 4th quarter valued at approximately $248,000.

Analyst Ratings Changes

BVN has been the topic of several research reports. Wall Street Zen upgraded Buenaventura Mining from a "hold" rating to a "buy" rating in a research report on Thursday, May 1st. Scotiabank boosted their price objective on Buenaventura Mining from $15.00 to $15.50 and gave the company a "sector perform" rating in a report on Monday, April 14th.

Buenaventura Mining Stock Down 0.1%

Shares of BVN traded down $0.02 during midday trading on Tuesday, hitting $16.40. The company had a trading volume of 351,947 shares, compared to its average volume of 1,112,602. The firm has a market capitalization of $4.16 billion, a P/E ratio of 8.68 and a beta of 0.42. The company's 50-day simple moving average is $15.42 and its 200-day simple moving average is $14.12. Buenaventura Mining Company Inc. has a 1 year low of $11.50 and a 1 year high of $17.71. 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 Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Monday, May 12th. Shareholders of record on Wednesday, April 16th were paid a $0.2922 dividend. This is a positive change from Buenaventura Mining's previous semi-annual dividend of $0.07. This represents a yield of 0.5%. The ex-dividend date was Wednesday, April 16th. Buenaventura Mining's dividend payout ratio is currently 14.81%.

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.