Compania de Minas Buenaventura SAA (NYSE:BVN) shares were down 4.2% during mid-day trading on Tuesday . The stock traded as low as $13.06 and last traded at $13.11, with a volume of 533,860 shares. The stock had previously closed at $13.69.

Several research analysts have recently issued reports on BVN shares. JPMorgan Chase & Co. restated 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 upgraded Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating in a research report on Thursday, May 5th. TheStreet upgraded Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a research report on Wednesday, June 29th. Finally, Bank of America Corp. upgraded Compania de Minas Buenaventura SAA from a “neutral” rating to a “buy” rating and raised their price target for the stock from $10.00 to $14.00 in a research report on Tuesday, June 28th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $9.89.

The firm has a 50-day moving average of $14.14 and a 200-day moving average of $10.01. The firm’s market cap is $3.26 billion.

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 consensus estimate of $0.11 by $0.12. Equities research analysts predict that Compania de Minas Buenaventura SAA will post $0.68 EPS for the current year.

A hedge fund recently raised its stake 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. The fund 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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