Buenaventura Mining (NYSE:BVN) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Buenaventura Mining (NYSE:BVN) from a hold rating to a buy rating in a report published on Saturday.

Several other analysts also recently issued reports on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Buenaventura Mining in a report on Wednesday, October 8th. Scotiabank upped their price objective on shares of Buenaventura Mining from $19.50 to $27.00 and gave the stock a “sector perform” rating in a report on Thursday, October 23rd. Finally, Zacks Research upgraded shares of Buenaventura Mining from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 16th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $27.00.

Buenaventura Mining Stock Performance

BVN opened at $21.54 on Friday. The company has a market cap of $5.46 billion, a PE ratio of 10.93 and a beta of 0.27. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.31 and a current ratio of 2.54. The stock has a 50-day moving average of $21.90 and a 200-day moving average of $18.10. Buenaventura Mining has a 52-week low of $11.50 and a 52-week high of $26.97.

Institutional Trading of Buenaventura Mining

A number of hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd bought a new stake in shares of Buenaventura Mining in the second quarter valued at about $28,000. Brooklyn Investment Group lifted its stake in shares of Buenaventura Mining by 1,363.9% in the first quarter. Brooklyn Investment Group now owns 1,947 shares of the mining company’s stock valued at $30,000 after buying an additional 1,814 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Buenaventura Mining in the 2nd quarter worth approximately $32,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Buenaventura Mining in the 1st quarter worth approximately $36,000. Finally, Headlands Technologies LLC bought a new stake in shares of Buenaventura Mining in the 1st quarter worth approximately $37,000.

About Buenaventura Mining

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.