APG Asset Management N.V. Has $2.23 Million Position in Buenaventura Mining Company Inc. $BVN

APG Asset Management N.V. grew its position in Buenaventura Mining Company Inc. (NYSE:BVN) by 125.6% during the 3rd quarter, Holdings Channel reports. The firm owned 91,787 shares of the mining company’s stock after purchasing an additional 51,100 shares during the quarter. APG Asset Management N.V.’s holdings in Buenaventura Mining were worth $2,233,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Buenaventura Mining during the 2nd quarter valued at about $32,000. Headlands Technologies LLC increased its holdings in shares of 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 buying an additional 1,424 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Buenaventura Mining by 18.8% in the third quarter. Blue Trust Inc. now owns 8,111 shares of the mining company’s stock valued at $197,000 after acquiring an additional 1,283 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Buenaventura Mining by 24.9% in 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, Beverly Hills Private Wealth LLC acquired a new position in shares of Buenaventura Mining in the 3rd quarter worth approximately $218,000.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on BVN. Wall Street Zen raised Buenaventura Mining from a “hold” rating to a “buy” rating in a report on Sunday. Zacks Research upgraded Buenaventura Mining from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 5th. Scotiabank upped their price target on shares of Buenaventura Mining from $42.00 to $44.00 and gave the stock a “sector perform” rating in a research report on Monday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Buenaventura Mining in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $44.00.

Buenaventura Mining Price Performance

Shares of BVN opened at $38.69 on Wednesday. The stock has a market cap of $9.82 billion, a P/E ratio of 12.56 and a beta of 0.26. Buenaventura Mining Company Inc. has a 1 year low of $12.56 and a 1 year high of $44.67. The stock’s 50-day moving average price is $35.48 and its two-hundred day moving average price is $27.46. The company has a current ratio of 2.27, a quick ratio of 2.05 and a debt-to-equity ratio of 0.18.

Buenaventura Mining (NYSE:BVN) last announced its quarterly earnings results on Thursday, February 26th. The mining company reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $1.03. Buenaventura Mining had a net margin of 45.17% and a return on equity of 21.09%. The business had revenue of $623.40 million for the quarter, compared to the consensus estimate of $451.60 million. On average, equities analysts predict that Buenaventura Mining Company Inc. will post 1.13 earnings per share for the current year.

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.