Shares of Compania de Minas Buenaventura SAA (NYSE:BVN) 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. The stock had previously closed at $15.61.

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

The stock’s 50 day moving average is $13.96 and its 200-day moving average is $9.54. The company’s market capitalization is $4.01 billion.

Compania de Minas Buenaventura SAA (NYSE:BVN) last announced its earnings results on Wednesday, July 27th. The mining company reported $0.23 earnings per share (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 EPS for the current fiscal year.

A hedge fund recently raised its stake in Compania de Minas Buenaventura SAA stock. Morgan Stanley raised 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 Securities and Exchange Commission (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 as of its most recent filing with the SEC.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.