In yesterday’s Wall Street session, Compania de Minas Buenaventura S.A.A. (NYSE:BVN) shares traded at $7.75, up 3.47% from the previous session.
As of this writing, 7 analysts cover Compania de Minas Buenaventura S.A.A. (NYSE:BVN). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $16.86 and a low of $7.50, we find $8.60. Given the previous closing price of $7.49, this indicates a potential upside of 14.82 percent. BVN stock price is now 6.61% away from the 50-day moving average and 2.11% away from the 200-day moving average. The market capitalization of the company currently stands at $1.98B.
There are 4 analysts who have given it a hold rating, whereas 2 have given it a buy rating. Brokers who have rated the stock have averaged $9.69 as their price target over the next twelve months.
With the price target enhanced from $7 to $11.10, Morgan Stanley Upgraded its rating from Underweight to Equal-Weight for Compania de Minas Buenaventura S.A.A. (NYSE: BVN).
A total of 37.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in BVN stock. A new stake in Compania de Minas Buenaventura S.A.A. shares was purchased by ETF MANAGERS GROUP, LLC during the first quarter worth $17,345,000. SQUAREPOINT OPS LLC invested $1,309,000 in shares of BVN during the first quarter. In the first quarter, LAZARD ASSET MANAGEMENT LLC acquired a new stake in Compania de Minas Buenaventura S.A.A. valued at approximately $542,000. JUMP FINANCIAL, LLC acquired a new stake in BVN for approximately $409,000. AGF MANAGEMENT LTD purchased a new stake in BVN valued at around $361,000 in the second quarter. In total, there are 256 active investors with 60.30% ownership of the company’s stock.
Tuesday morning saw Compania de Minas Buenaventura S.A.A. (NYSE: BVN) opened at $7.55. During the past 12 months, Compania de Minas Buenaventura S.A.A. has had a low of $5.09 and a high of $8.73. As of last week, the company has a debt-to-equity ratio of 0.24, a current ratio of 1.70, and a quick ratio of 1.40. According to the stock market information, the enterprise value for the company is $2.35B, which is based on a 31.12 price-to-earnings ratio, a 1.69 price-to-earnings-growth ratio, and a beta of 0.53. The fifty day moving average price for BVN is $7.28 and a two-hundred day moving average price translates $7.59 for the stock.
The latest earnings results from Compania de Minas Buenaventura S.A.A. (NYSE: BVN) was released for Mar, 2023. According to the Other Precious Metals & Mining Company, earnings per share came in at $0.27, beating analysts’ expectations of $0.25 by 0.02. This compares to $1.89 EPS in the same period last year. The company reported revenue of $185.5 million for the quarter, compared to $232.92 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -20.36 percent. For the current quarter, analysts expect BVN to generate $185.5M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 05/11/2023. Investors who held shares on 04/24/2023 were paid a $0.073 dividend. On an annualized basis, this represents a $0.15 dividend and a 1.88% percent yield. There was an ex-dividend date of 04/21/2023 for this dividend.
Compania de Minas Buenaventura S.A.A.(BVN) Company Profile
Compañía de Minas Buenaventura S.A.A. engages in the exploration, mining, concentration, smelting, and marketing of polymetallic ores and metals in Peru, the United States, Asia, and Europe. The company explores for gold, silver, lead, zinc, and copper metals. It operates operating mining units, including Tambomayo located in the Caylloma province, Orcopampa Unit located in the province of Castilla, Uchucchacua located in province of Oyón, Julcani located in province of Angaraes, Peru, as well as San Gabrie located in the province of General Sánchez Cerro, in the Moquegua region. The company also owns interests in Colquijirca, La Zanja, Cerro Verde, El Brocal, Coimolache, Yumpaq, San Gregorio mines, and Trapiche mining unit. In addition, it produces monohydrate manganese sulphate; and operates hydroelectric power plants. The company was incorporated in 1953 and is based in Lima, Peru.
