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

Several equities research analysts recently issued reports on the stock. 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 raised their target price for the stock from $10.00 to $14.00 in a report on Tuesday, June 28th. JPMorgan Chase & Co. restated a “buy” rating and issued a $11.00 target price on shares of Compania de Minas Buenaventura SAA in a report on Monday, May 2nd. HSBC upgraded shares of Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating in a report on Thursday, May 5th. Finally, Morgan Stanley cut shares of Compania de Minas Buenaventura SAA from an “overweight” rating to an “equal weight” rating and raised their target price for the stock from $6.20 to $7.90 in a report on Friday, April 15th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $9.89.

The firm’s market cap is $3.28 billion. The firm has a 50-day moving average of $11.71 and a 200 day moving average of $8.00.

Several large investors have made changes to their positions in the company. BNP Paribas Arbitrage SA boosted its stake in shares of 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. Schroder Investment Management Group boosted its stake in shares of 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. 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 period. Morgan Stanley raised its position in Compania de Minas Buenaventura SAA by 25.8% in the fourth quarter. Morgan Stanley now owns 5,411,756 shares of the mining company’s stock valued at $23,162,000 after buying an additional 1,108,713 shares during the period. Finally, 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 period.

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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