Shares of Compania de Minas Buenaventura SAA (NYSE:BVN) traded down 2.3% on Friday . The company traded as low as $14.76 and last traded at $15.20, with a volume of 774,838 shares. The stock had previously closed at $15.55.

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

The firm’s market capitalization is $3.81 billion. The firm’s 50-day moving average price is $12.70 and its 200 day moving average price is $8.70.

Compania de Minas Buenaventura SAA (NYSE:BVN) last posted its earnings results on Wednesday, July 27th. The mining company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.12. On average, analysts expect that Compania de Minas Buenaventura SAA will post $0.66 EPS for the current fiscal year.

Several hedge funds have bought and sold shares of BVN. Mizuho Trust & Banking Co. Ltd. increased its stake 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 worth $1,695,000 after buying an additional 212,857 shares during the period. BNP Paribas Arbitrage SA increased its stake 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 worth $4,242,000 after buying an additional 142,693 shares during the period. Schroder Investment Management Group increased its stake 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 worth $8,358,000 after buying an additional 704,730 shares during the period. Finally, Morgan Stanley increased its stake 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 worth $23,162,000 after buying an additional 1,108,713 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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