Royal Bank of Canada decreased its position in shares of Buenaventura Mining Company Inc. (NYSE:BVN) by 78.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,124 shares of the mining company’s stock after selling 33,867 shares during the period. Royal Bank of Canada’s holdings in Buenaventura Mining were worth $105,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of BVN. Voya Investment Management LLC grew its holdings in shares of Buenaventura Mining by 18.7% in the second quarter. Voya Investment Management LLC now owns 27,338 shares of the mining company’s stock worth $314,000 after purchasing an additional 4,303 shares during the last quarter. Aviva PLC grew its holdings in shares of Buenaventura Mining by 5.6% in the second quarter. Aviva PLC now owns 35,772 shares of the mining company’s stock worth $411,000 after purchasing an additional 1,900 shares during the last quarter. Virtu KCG Holdings LLC grew its holdings in shares of Buenaventura Mining by 180.9% in the second quarter. Virtu KCG Holdings LLC now owns 54,377 shares of the mining company’s stock worth $625,000 after purchasing an additional 35,021 shares during the last quarter. Great West Life Assurance Co. Can grew its holdings in shares of Buenaventura Mining by 12.7% in the second quarter. Great West Life Assurance Co. Can now owns 88,108 shares of the mining company’s stock worth $1,011,000 after purchasing an additional 9,900 shares during the last quarter. Finally, Bank of Montreal Can grew its holdings in shares of Buenaventura Mining by 48.1% in the second quarter. Bank of Montreal Can now owns 112,772 shares of the mining company’s stock worth $1,296,000 after purchasing an additional 36,604 shares during the last quarter. Institutional investors and hedge funds own 45.30% of the company’s stock.

A number of research analysts have recently commented on the stock. Zacks Investment Research cut shares of Buenaventura Mining from a “hold” rating to a “sell” rating in a report on Wednesday, September 27th. Morgan Stanley upgraded shares of Buenaventura Mining from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $13.00 to $17.30 in a report on Monday, September 25th. BidaskClub upgraded shares of Buenaventura Mining from a “hold” rating to a “buy” rating in a report on Saturday, August 26th. Finally, Scotiabank upgraded shares of Buenaventura Mining from an “underperform” rating to a “sector perform” rating in a report on Monday, October 30th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company. Buenaventura Mining has an average rating of “Hold” and an average target price of $16.65.

Buenaventura Mining Company Inc. (NYSE BVN) opened at $14.07 on Thursday. Buenaventura Mining Company Inc. has a 1-year low of $9.87 and a 1-year high of $14.96. The company has a current ratio of 1.21, a quick ratio of 0.95 and a debt-to-equity ratio of 0.16.

WARNING: “Royal Bank of Canada Has $105,000 Holdings in Buenaventura Mining Company Inc. (BVN)” was first reported by Daily Political and is the sole property of of Daily Political. If you are viewing this news story on another site, it was illegally copied and reposted in violation of United States & international copyright legislation. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/11/30/royal-bank-of-canada-has-105000-holdings-in-buenaventura-mining-company-inc-bvn.html.

Buenaventura Mining Company Profile

Compania de Minas Buenaventura SAA. (Buenaventura) is a precious metals company. The Company is engaged in the exploration, mining and processing of gold, silver and other metals in Peru. The Company’s segments include Production and sale of minerals; Exploration and development activities; Construction and engineering services; Energy generation and transmission services; Insurance brokerage; Rental of mining concessions; Holding of investment in shares (mainly in Minera Yanacocha S.R.L.

Institutional Ownership by Quarter for Buenaventura Mining (NYSE:BVN)

Receive News & Ratings for Buenaventura Mining Company Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buenaventura Mining Company Inc. and related companies with MarketBeat.com's FREE daily email newsletter.