Compania de Minas Buenaventura SAA (NYSE:BVN)’s share price gapped up prior to trading on Friday . The stock had previously closed at $12.89, but opened at $13.17. Compania de Minas Buenaventura SAA shares last traded at $13.76, with a volume of 813,396 shares trading hands.

BVN has been the subject of several research analyst reports. Bank of America Corp. raised shares of Compania de Minas Buenaventura SAA from a “neutral” rating to a “buy” rating and boosted their price target for the company from $10.00 to $14.00 in a report on Tuesday, June 28th. 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. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Compania de Minas Buenaventura SAA currently has a consensus rating of “Buy” and an average price target of $10.27.

The company’s market capitalization is $3.50 billion. The firm has a 50-day moving average price of $14.18 and a 200 day moving average price of $10.13.

Compania de Minas Buenaventura SAA (NYSE:BVN) last released its quarterly earnings results on Wednesday, July 27th. The mining company reported $0.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.12. On average, equities research analysts predict that Compania de Minas Buenaventura SAA will post $0.73 earnings per share for the current year.

An institutional investor recently raised its position in Compania de Minas Buenaventura SAA stock. BNP Paribas Arbitrage SA raised its stake in shares of Compania de Minas Buenaventura SAA (NYSE:BVN) by 16.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. 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 0.38% of Compania de Minas Buenaventura SAA worth $4,242,000 as of its most recent SEC filing.

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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