Freedom Investment Management Inc. Purchases 10,802 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Freedom Investment Management Inc. raised its position in shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 30.2% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 46,518 shares of the mining company’s stock after purchasing an additional 10,802 shares during the quarter. Freedom Investment Management Inc.’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $644,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of BVN. Ashton Thomas Private Wealth LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the second quarter worth approximately $35,000. EverSource Wealth Advisors LLC boosted its stake in Compañía de Minas Buenaventura S.A.A. by 63.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock valued at $42,000 after purchasing an additional 1,054 shares during the last quarter. Employees Retirement System of Texas bought a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 2nd quarter worth $47,000. Headlands Technologies LLC purchased a new position in shares of Compañía de Minas Buenaventura S.A.A. in the second quarter worth $80,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 18.7% during the third quarter. GAMMA Investing LLC now owns 5,897 shares of the mining company’s stock valued at $82,000 after purchasing an additional 929 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on BVN shares. Scotiabank upgraded Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price objective for the company in a report on Thursday, November 21st. Morgan Stanley decreased their price objective on shares of Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating for the company in a report on Thursday, September 19th. Finally, StockNews.com upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research report on Friday, November 22nd.

Compañía de Minas Buenaventura S.A.A. Stock Up 0.9 %

Compañía de Minas Buenaventura S.A.A. stock opened at $12.11 on Friday. The stock has a market cap of $3.08 billion, a PE ratio of 8.59 and a beta of 0.83. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.17 and a current ratio of 1.40. The stock has a fifty day moving average of $13.12 and a 200 day moving average of $14.76. Compañía de Minas Buenaventura S.A.A. has a one year low of $8.86 and a one year high of $18.84.

About Compañía de Minas Buenaventura S.A.A.

Compañía de Minas Buenaventura SAA. engages in the exploration, development, construction, and operation of mineral processing business. 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.