Compania de Minas Buenaventura SAA (NYSE:BVN) reached a new 52-week high during trading on Friday . The company traded as high as $15.97 and last traded at $15.58, with a volume of 740,677 shares. The stock had previously closed at $15.23.

A number of equities research analysts have recently commented on BVN shares. JPMorgan Chase & Co. reiterated a “buy” rating and set a $11.00 target price on shares of Compania de Minas Buenaventura SAA in a research note on Monday, May 2nd. HSBC upgraded Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating in a research note on Thursday, May 5th. TheStreet upgraded Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a research note on Wednesday, June 29th. Bank of America Corp. upgraded Compania de Minas Buenaventura SAA from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $10.00 to $14.00 in a research note on Tuesday, June 28th. Finally, Zacks Investment Research upgraded Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating and set a $8.75 target price on the stock in a research note on Thursday, April 14th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Compania de Minas Buenaventura SAA currently has a consensus rating of “Buy” and an average target price of $9.89.

The firm has a 50 day moving average of $13.21 and a 200 day moving average of $9.03. The stock’s market capitalization is $3.94 billion.

Compania de Minas Buenaventura SAA (NYSE:BVN) last issued its quarterly earnings results on Wednesday, July 27th. The mining company reported $0.23 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.12. On average, equities research analysts forecast that Compania de Minas Buenaventura SAA will post $0.66 earnings per share for the current year.

Several large investors recently added to or reduced their stakes in BVN. BNP Paribas Arbitrage SA boosted 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 in the last quarter. Schroder Investment Management Group boosted 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 in the last quarter. Morgan Stanley boosted 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 in the last quarter. Finally, Mizuho Trust & Banking Co. Ltd. boosted 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 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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