Shares of Compania de Minas Buenaventura SAA (NYSE:BVN) fell 1.9% during mid-day trading on Wednesday . The company traded as low as $12.02 and last traded at $12.38, with a volume of 558,557 shares trading hands. The stock had previously closed at $12.62.

A number of brokerages have issued reports on BVN. TheStreet upgraded shares of Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a report on Wednesday, June 29th. Bank of America Corp. upgraded shares of Compania de Minas Buenaventura SAA from a “neutral” rating to a “buy” rating and lifted their price target for the company from $10.00 to $14.00 in a report on Tuesday, June 28th. HSBC upgraded shares of Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating in a report on Thursday, May 5th. JPMorgan Chase & Co. reissued a “buy” rating and issued a $11.00 price objective on shares of Compania de Minas Buenaventura SAA in a research note on Monday, May 2nd. Finally, Morgan Stanley cut shares of Compania de Minas Buenaventura SAA from an “overweight” rating to an “equal weight” rating and lifted their price objective for the stock from $6.20 to $7.90 in a research note on Friday, April 15th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $9.89.

The company has a 50-day moving average price of $11.53 and a 200-day moving average price of $7.91. The stock’s market capitalization is $3.14 billion.

Other hedge funds and institutional investors have bought and sold shares of the company. Mizuho Trust & Banking Co. Ltd. raised its position in Compania de Minas Buenaventura SAA by 112.2% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 402,644 shares of the mining company’s stock valued at $1,695,000 after buying an additional 212,857 shares during the last quarter. Shell Asset Management Co. raised its position in Compania de Minas Buenaventura SAA by 6.5% in the fourth quarter. Shell Asset Management Co. now owns 450,492 shares of the mining company’s stock valued at $1,928,000 after buying an additional 27,363 shares during the last quarter. TSP Capital Management Group LLC raised its position in Compania de Minas Buenaventura SAA by 0.4% in the fourth quarter. TSP Capital Management Group LLC now owns 967,850 shares of the mining company’s stock valued at $4,142,000 after buying an additional 3,949 shares during the last quarter. BNP Paribas Arbitrage SA raised its position in Compania de Minas Buenaventura SAA by 16.8% in the fourth quarter. BNP Paribas Arbitrage SA now owns 991,074 shares of the mining company’s stock valued at $4,242,000 after buying an additional 142,693 shares during the last quarter. Finally, Schroder Investment Management Group raised its position in Compania de Minas Buenaventura SAA by 56.5% in the fourth quarter. Schroder Investment Management Group now owns 1,952,857 shares of the mining company’s stock valued at $8,358,000 after buying an additional 704,730 shares during the last quarter.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.