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

A number of analysts have issued reports on the stock. Bank of America Corp. upgraded shares of Compania de Minas Buenaventura SAA from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $10.00 to $14.00 in a research note on Tuesday, June 28th. JPMorgan Chase & Co. reiterated a “buy” rating and set a $11.00 price target on shares of Compania de Minas Buenaventura SAA in a research note on Monday, May 2nd. HSBC upgraded shares of Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating in a research note on Thursday, May 5th. Finally, TheStreet upgraded shares of Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a research note on Wednesday, June 29th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $9.89.

The stock’s market cap is $3.94 billion. The firm has a 50 day moving average price of $13.35 and a 200-day moving average price of $9.12.

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

A number of hedge funds have modified their holdings of BVN. Mizuho Trust & Banking Co. Ltd. raised its stake in shares of 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 last quarter. Morgan Stanley raised its stake in shares of 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 last quarter. Schroder Investment Management Group raised 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 worth $8,358,000 after buying an additional 704,730 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised 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 worth $4,242,000 after buying an additional 142,693 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.

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