28,545 Shares in Buenaventura Mining Company Inc. $BVN Bought by Caprock Group LLC

Caprock Group LLC purchased a new stake in Buenaventura Mining Company Inc. (NYSE:BVN) during the third quarter, HoldingsChannel.com reports. The fund purchased 28,545 shares of the mining company’s stock, valued at approximately $694,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Lester Murray Antman dba SimplyRich raised its position in shares of Buenaventura Mining by 1.9% during the 3rd quarter. Lester Murray Antman dba SimplyRich now owns 44,927 shares of the mining company’s stock worth $1,093,000 after acquiring an additional 822 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Buenaventura Mining by 18.8% in the 3rd quarter. Blue Trust Inc. now owns 8,111 shares of the mining company’s stock valued at $197,000 after buying an additional 1,283 shares in the last quarter. Headlands Technologies LLC grew its position in shares of Buenaventura Mining by 60.9% in the 2nd quarter. Headlands Technologies LLC now owns 3,761 shares of the mining company’s stock valued at $62,000 after buying an additional 1,424 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Buenaventura Mining by 24.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,210 shares of the mining company’s stock worth $135,000 after acquiring an additional 1,637 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Buenaventura Mining in the second quarter valued at $28,000.

Wall Street Analyst Weigh In

A number of research firms have recently commented on BVN. Weiss Ratings reiterated a “buy (b)” rating on shares of Buenaventura Mining in a research report on Monday, December 29th. Wall Street Zen upgraded Buenaventura Mining from a “hold” rating to a “buy” rating in a research note on Saturday, October 25th. Scotiabank reduced their price objective on Buenaventura Mining from $27.50 to $27.00 and set a “sector perform” rating for the company in a research note on Wednesday, November 19th. Finally, Zacks Research raised Buenaventura Mining from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $27.00.

Buenaventura Mining Trading Up 1.1%

NYSE:BVN opened at $37.97 on Tuesday. The stock has a market capitalization of $9.63 billion, a price-to-earnings ratio of 22.34 and a beta of 0.31. Buenaventura Mining Company Inc. has a 1 year low of $12.27 and a 1 year high of $41.28. The stock has a fifty day moving average price of $32.94 and a two-hundred day moving average price of $25.79. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.05 and a current ratio of 2.27.

Buenaventura Mining Company Profile

Compañía de Minas Buenaventura SAA. (NYSE: BVN) is one of Peru’s leading precious metals producers, primarily engaged in the exploration, development and operation of gold, silver and base metal mines. Headquartered in Lima, the company’s core activities cover the entire mining cycle from concession acquisition and project evaluation to extraction, milling and metal refining. Buenaventura also holds interests in smelting, refining and trading services, enabling it to market its products both domestically and internationally.

The company’s principal assets include several operating mines in Peru such as Uchucchacua (silver-lead-zinc), Orcopampa (gold-silver) and the Tambomayo gold mine.