Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Shares Gap Up to $8.19

Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN – Get Rating) gapped up before the market opened on Wednesday . The stock had previously closed at $8.19, but opened at $8.37. Compañía de Minas Buenaventura S.A.A. shares last traded at $8.35, with a volume of 399,087 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Compañía de Minas Buenaventura S.A.A. in a report on Thursday. They set a “hold” rating for the company.

Compañía de Minas Buenaventura S.A.A. Stock Down 2.8 %

The company has a current ratio of 1.63, a quick ratio of 1.40 and a debt-to-equity ratio of 0.22. The stock has a fifty day simple moving average of $7.93 and a two-hundred day simple moving average of $7.36.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Ronald Blue Trust Inc. grew its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 171.1% during the fourth quarter. Ronald Blue Trust Inc. now owns 3,811 shares of the mining company’s stock worth $25,000 after purchasing an additional 2,405 shares in the last quarter. KBC Group NV increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 33.9% in the third quarter. KBC Group NV now owns 6,967 shares of the mining company’s stock worth $47,000 after purchasing an additional 1,762 shares during the last quarter. Advisor Group Holdings Inc. increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 14,350.0% in the first quarter. Advisor Group Holdings Inc. now owns 7,225 shares of the mining company’s stock worth $73,000 after purchasing an additional 7,175 shares during the last quarter. Wipfli Financial Advisors LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the third quarter worth approximately $53,000. Finally, Edmond DE Rothschild Holding S.A. increased its position in shares of Compañía de Minas Buenaventura S.A.A. by 22.1% in the third quarter. Edmond DE Rothschild Holding S.A. now owns 8,507 shares of the mining company’s stock worth $57,000 after purchasing an additional 1,537 shares during the last quarter. Hedge funds and other institutional investors own 50.50% of the company’s stock.

About Compañía de Minas Buenaventura S.A.A.

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Compañía de Minas Buenaventura SAA engages in the development and exploration of mineral properties. It operates through the following segments: Production and Sale of Minerals, Exploration and Development Activitie, Energy Generation and Transmission Services, Insurance Brokerage, Rental of Mining Concessions, Holding of Investments in Shares, and Industrial Activities.