Compania de Minas Buenaventura SAA (NYSE:BVN) gapped up before the market opened on Wednesday . The stock had previously closed at $14.00, but opened at $14.11. Compania de Minas Buenaventura SAA shares last traded at $14.47, with a volume of 1,189,485 shares trading hands.

A number of equities research analysts have commented on BVN shares. Bank of America Corp. upgraded Compania de Minas Buenaventura SAA from a “neutral” rating to a “buy” rating and increased their target price for the company from $10.00 to $14.00 in a report on Tuesday, June 28th. Zacks Investment Research cut Compania de Minas Buenaventura SAA from a “buy” rating to a “hold” rating in a report on Tuesday, September 6th. Finally, TheStreet upgraded Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a report on Wednesday, June 29th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $10.41.

The firm has a 50-day moving average of $14.60 and a 200 day moving average of $10.99. The stock’s market cap is $3.71 billion.

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Compania de Minas Buenaventura SAA (NYSE:BVN) last announced its earnings results on Wednesday, July 27th. The mining company reported $0.23 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.12. Compania de Minas Buenaventura SAA had a negative return on equity of 5.79% and a negative net margin of 21.83%. On average, equities research analysts predict that Compania de Minas Buenaventura SAA will post $0.73 earnings per share for the current fiscal year.

Large investors have recently made changes to their positions in the company. Rational Advisors LLC purchased a new stake in shares of Compania de Minas Buenaventura SAA during the second quarter valued at approximately $105,000. Schonfeld Strategic Advisors LLC purchased a new stake in shares of Compania de Minas Buenaventura SAA during the first quarter valued at approximately $115,000. Flow Traders U.S. LLC purchased a new stake in shares of Compania de Minas Buenaventura SAA during the first quarter valued at approximately $130,000. Global X Management Co. LLC boosted its stake in shares of Compania de Minas Buenaventura SAA by 7.7% in the second quarter. Global X Management Co. LLC now owns 11,628 shares of the mining company’s stock valued at $139,000 after buying an additional 836 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Compania de Minas Buenaventura SAA during the second quarter valued at approximately $145,000. 51.64% of the stock is currently owned by hedge funds and other institutional investors.

Compania de Minas Buenaventura SAA Company Profile

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.

5 Day Chart for NYSE:BVN

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