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

A number of analysts recently issued reports on BVN shares. HSBC upgraded shares of Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating in a report on Thursday, May 5th. 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 stock from $10.00 to $14.00 in a report on Tuesday, June 28th. TheStreet upgraded shares of Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a report on Wednesday, June 29th. Finally, 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 report on Monday, May 2nd. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $9.89.

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

Compania de Minas Buenaventura SAA (NYSE:BVN) last announced its quarterly earnings results on Wednesday, July 27th. The mining company reported $0.23 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate 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 hedge fund recently raised its stake in Compania de Minas Buenaventura SAA stock. Morgan Stanley boosted its position in Compania de Minas Buenaventura SAA (NYSE:BVN) by 25.8% during the fourth quarter, according to its most recent 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 about 2.10% of Compania de Minas Buenaventura SAA worth $23,162,000 at the end of the most recent 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.

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.