Compania de Minas Buenaventura SAA (NYSE:BVN) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $16.20 and last traded at $16.07, with a volume of 724,965 shares traded. The stock had previously closed at $15.61.

Several research analysts have commented on the company. Bank of America Corp. raised Compania de Minas Buenaventura SAA from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $10.00 to $14.00 in a research report on Tuesday, June 28th. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $11.00 price target on shares of Compania de Minas Buenaventura SAA in a research report on Monday, May 2nd. HSBC raised Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating in a research report on Thursday, May 5th. Finally, TheStreet raised Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a research report on Wednesday, June 29th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $9.89.

The firm has a 50 day moving average of $13.72 and a 200 day moving average of $9.41. The stock’s market cap is $4.10 billion.

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

A hedge fund recently raised its stake in Compania de Minas Buenaventura SAA stock. Morgan Stanley increased its stake in shares of Compania de Minas Buenaventura SAA (NYSE:BVN) by 25.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 5,411,756 shares of the mining company’s stock after buying an additional 1,108,713 shares during the period. Morgan Stanley owned approximately 2.10% of Compania de Minas Buenaventura SAA worth $23,162,000 at the end of the most recent reporting 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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