RFG Advisory LLC Acquires Shares of 81,679 Buenaventura Mining Company Inc. $BVN

RFG Advisory LLC bought a new stake in shares of Buenaventura Mining Company Inc. (NYSE:BVN) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 81,679 shares of the mining company’s stock, valued at approximately $1,987,000.

Other large investors also recently modified their holdings of the company. Goldman Sachs Group Inc. grew its holdings in Buenaventura Mining by 27.8% during the first quarter. Goldman Sachs Group Inc. now owns 427,509 shares of the mining company’s stock valued at $6,682,000 after purchasing an additional 93,021 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Buenaventura Mining by 2.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,278,411 shares of the mining company’s stock worth $19,982,000 after buying an additional 25,440 shares during the period. Aberdeen Group plc purchased a new position in Buenaventura Mining in the 2nd quarter valued at approximately $311,000. Aware Super Pty Ltd as trustee of Aware Super grew its position in shares of Buenaventura Mining by 405.5% in the second quarter. Aware Super Pty Ltd as trustee of Aware Super now owns 193,112 shares of the mining company’s stock valued at $3,171,000 after purchasing an additional 154,913 shares in the last quarter. Finally, D.A. Davidson & CO. purchased a new position in Buenaventura Mining during the 2nd quarter valued at about $217,000.

Analyst Upgrades and Downgrades

BVN has been the subject of several recent analyst reports. Scotiabank reduced their price objective on shares of 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. Wall Street Zen upgraded shares of Buenaventura Mining from a “hold” rating to a “buy” rating in a research report on Saturday, October 25th. Zacks Research raised Buenaventura Mining from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 5th. Finally, Weiss Ratings reiterated 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 issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $27.00.

Buenaventura Mining Stock Performance

Shares of BVN stock opened at $39.03 on Wednesday. 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 Inc. has a fifty-two week low of $12.27 and a fifty-two week high of $41.28. The company has a market capitalization of $9.90 billion, a P/E ratio of 22.96 and a beta of 0.31. The stock has a 50 day moving average price of $31.87 and a two-hundred day moving average price of $25.20.

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.