Compania de Minas Buenaventura SAA (NYSE:BVN) shares saw strong trading volume on Wednesday . 1,174,870 shares changed hands during trading, a decline of 8% from the previous session’s volume of 1,283,730 shares.The stock last traded at $13.79 and had previously closed at $14.38.

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

The company’s 50-day moving average is $14.08 and its 200-day moving average is $9.78. The firm’s market cap is $3.32 billion.

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

An institutional investor recently raised its position in Compania de Minas Buenaventura SAA stock. BNP Paribas Arbitrage SA increased its stake in Compania de Minas Buenaventura SAA (NYSE:BVN) by 16.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 991,074 shares of the mining company’s stock after buying an additional 142,693 shares during the period. BNP Paribas Arbitrage SA owned approximately 0.38% of Compania de Minas Buenaventura SAA worth $4,242,000 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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