Buenaventura Mining Company (NYSE:BVN) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.5 by 4 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. HSBC upgrades their rating on the shares of Buenaventura Mining Company (NYSE:BVN). The current rating of the shares is Buy. Earlier, the shares were rated a Hold by the brokerage firm. The rating by the firm was issued on May 6, 2016.
Buenaventura Mining Company (NYSE:BVN): 6 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $8.57 in Buenaventura Mining Company (NYSE:BVN). However, the stock price could fluctuate by $ 1.13 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $10 price target with the lower price estimate is calculated at $7
Buenaventura Mining Company (NYSE:BVN) witnessed a decline in the market cap on Tuesday as its shares dropped 1.95% or 0.21 points. After the session commenced at $10.67, the stock reached the higher end at $10.735 while it hit a low of $10.485. With the volume soaring to 1,668,644 shares, the last trade was called at $10.58. The company has a 52-week high of $11.7. The company has a market cap of $2,689 million and there are 254,186,870 shares in outstanding. The 52-week low of the share price is $3.3.
Shares of Compania de Minas Buenaventura S.A.A rose by 2.42% in the last five trading days and 6.12% for the last 4 weeks. Compania de Minas Buenaventura S.A.A is up 65.57% in the last 3-month period. Year-to-Date the stock performance stands at 147.2%.
Compania de Minas Buenaventura SAA (Buenaventura) is a Peru-based mining company engaged in the exploration, mining, smelting and commercialization of gold and silver, as well as other metals and minerals. The Company operates directly seven Peruvian mining units located in Uchucchacua, Orcopampa, Poracota, Julcani, Recuperada, Antapite and Ishihuinca; as well as indirectly the mines of Shila-Paula, La Zanja and Colquijirca. Through its subsidiaries, the Company is also involved in the generation and distribution of electric power, as well as in the provision of engineering and chemical processing services. The Company owns such subsidiaries as Compania Minera Condesa SA, Minera La Zanja SRL, Inversiones Colquijirca SA, Consorcio Energetico de Huancavelica SA, Buenaventura Ingenieros SA, CEDIMIN SAC and Minera Julcani Sa de CV, among others.