Compania de Minas Buenaventura SAA (NYSE:BVN) shares were up 4.9% during trading on Thursday . The stock traded as high as $12.92 and last traded at $12.77, with a volume of 699,881 shares. The stock had previously closed at $12.17.

Several research analysts have recently commented on BVN shares. Morgan Stanley upgraded Compania de Minas Buenaventura SAA to an “outperform” rating in a research report on Monday, March 28th. HSBC downgraded Compania de Minas Buenaventura SAA from a “buy” rating to a “hold” rating in a report on Wednesday, April 13th. Zacks Investment Research raised Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating and set a $8.75 price target on the stock in a report on Thursday, April 14th. JPMorgan Chase & Co. reissued a “buy” rating and issued a $11.00 price target on shares of Compania de Minas Buenaventura SAA in a report on Monday, May 2nd. Finally, Bank of America Corp. raised Compania de Minas Buenaventura SAA from a “neutral” rating to a “buy” rating and raised their price target for the stock from $10.00 to $14.00 in a report on Tuesday, June 28th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $9.89.

The firm’s market cap is $3.29 billion. The firm’s 50 day moving average is $11.53 and its 200 day moving average is $7.91.

Several institutional investors have bought and sold shares of the company. Mizuho Trust & Banking Co. Ltd. boosted 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 in the last quarter. Shell Asset Management Co. boosted 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 in the last quarter. TSP Capital Management Group LLC boosted 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 in the last quarter. BNP Paribas Arbitrage SA boosted 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 in the last quarter. Finally, Schroder Investment Management Group boosted 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 in 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.

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