Compania de Minas Buenaventura SAA (NYSE:BVN) was down 2.7% on Friday . The stock traded as low as $15.73 and last traded at $15.86, with a volume of 531,665 shares trading hands. The stock had previously closed at $16.30.

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

The stock’s 50-day moving average is $13.85 and its 200 day moving average is $9.45. The firm’s market cap is $4.01 billion.

Compania de Minas Buenaventura SAA (NYSE:BVN) last posted its quarterly earnings data 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 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 boosted its stake in Compania de Minas Buenaventura SAA (NYSE:BVN) by 25.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm 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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