Compound Planning Inc. Makes New Investment in Buenaventura Mining Company Inc. $BVN

Compound Planning Inc. bought a new stake in Buenaventura Mining Company Inc. (NYSE:BVN) during the third quarter, HoldingsChannel.com reports. The firm bought 33,417 shares of the mining company’s stock, valued at approximately $813,000.

A number of other institutional investors also recently modified their holdings of the business. Raymond James Financial Inc. bought a new stake in shares of Buenaventura Mining during the 2nd quarter worth $32,000. Headlands Technologies LLC raised its stake in Buenaventura Mining by 60.9% during the second quarter. Headlands Technologies LLC now owns 3,761 shares of the mining company’s stock worth $62,000 after acquiring an additional 1,424 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Buenaventura Mining by 24.9% in the second 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 during the last quarter. Savant Capital LLC bought a new position in shares of Buenaventura Mining in the second quarter worth about $166,000. Finally, Blue Trust Inc. boosted its stake 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 purchasing an additional 1,283 shares in the last quarter.

Buenaventura Mining Stock Performance

Shares of Buenaventura Mining stock opened at $41.19 on Friday. The company has a quick ratio of 2.05, a current ratio of 2.27 and a debt-to-equity ratio of 0.18. Buenaventura Mining Company Inc. has a twelve month low of $12.45 and a twelve month high of $41.28. The stock has a market cap of $10.45 billion, a price-to-earnings ratio of 24.23 and a beta of 0.31. The company’s fifty day moving average is $34.73 and its 200 day moving average is $26.84.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on BVN. Wall Street Zen cut shares of Buenaventura Mining from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Scotiabank decreased their target price on shares of Buenaventura Mining from $27.50 to $27.00 and set a “sector perform” rating on the stock in a research note on Wednesday, November 19th. Zacks Research upgraded Buenaventura Mining from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 5th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Buenaventura Mining in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Buenaventura Mining presently has an average rating of “Buy” and a consensus target price of $27.00.

Buenaventura Mining 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.