Scotiabank Raises Earnings Estimates for Buenaventura Mining

Buenaventura Mining Company Inc. (NYSE:BVN) – Research analysts at Scotiabank raised their FY2026 EPS estimates for shares of Buenaventura Mining in a research report issued on Thursday, March 5th. Scotiabank analyst T. Jakusconek now expects that the mining company will post earnings per share of $4.57 for the year, up from their prior forecast of $3.72. Scotiabank has a “Sector Perform” rating and a $44.00 price target on the stock. The consensus estimate for Buenaventura Mining’s current full-year earnings is $1.13 per share. Scotiabank also issued estimates for Buenaventura Mining’s FY2027 earnings at $3.37 EPS.

A number of other equities research analysts also recently commented on BVN. Zacks Research upgraded shares of Buenaventura Mining from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Buenaventura Mining in a research note on Monday, December 29th. Finally, Wall Street Zen raised Buenaventura Mining from a “hold” rating to a “buy” rating in a report on Sunday, March 1st. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $44.00.

Buenaventura Mining Trading Down 0.1%

Shares of Buenaventura Mining stock opened at $37.22 on Monday. The firm has a market cap of $9.44 billion, a price-to-earnings ratio of 12.08 and a beta of 0.26. Buenaventura Mining has a 52-week low of $12.56 and a 52-week high of $44.67. The company’s 50-day simple moving average is $35.99 and its 200-day simple moving average is $27.87. The company has a quick ratio of 2.05, a current ratio of 2.27 and a debt-to-equity ratio of 0.18.

Buenaventura Mining (NYSE:BVN) last announced its quarterly earnings data on Thursday, February 26th. The mining company reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $1.03. Buenaventura Mining had a net margin of 45.17% and a return on equity of 21.09%. The company had revenue of $623.40 million during the quarter, compared to the consensus estimate of $451.60 million.

Hedge Funds Weigh In On Buenaventura Mining

Several hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Buenaventura Mining by 3,096,894.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,884,290 shares of the mining company’s stock valued at $163,760,000 after purchasing an additional 5,884,100 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in shares of Buenaventura Mining by 738.7% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 2,979,757 shares of the mining company’s stock valued at $82,927,000 after purchasing an additional 2,624,485 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Buenaventura Mining by 38.5% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,196,976 shares of the mining company’s stock worth $175,102,000 after purchasing an additional 1,999,475 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Buenaventura Mining by 244.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,742,829 shares of the mining company’s stock worth $48,503,000 after purchasing an additional 1,236,480 shares during the last quarter. Finally, FIL Ltd raised its position in shares of Buenaventura Mining by 8.8% during the 4th quarter. FIL Ltd now owns 13,473,909 shares of the mining company’s stock worth $374,979,000 after purchasing an additional 1,085,443 shares during the last quarter.

Buenaventura Mining Company Profile

Compañía de Minas Buenaventura SAA. (NYSE: BVN) is one of Peru’s leading precious metals producers, primarily engaged in the exploration, development and operation of gold, silver and base metal mines. Headquartered in Lima, the company’s core activities cover the entire mining cycle from concession acquisition and project evaluation to extraction, milling and metal refining. Buenaventura also holds interests in smelting, refining and trading services, enabling it to market its products both domestically and internationally.

The company’s principal assets include several operating mines in Peru such as Uchucchacua (silver-lead-zinc), Orcopampa (gold-silver) and the Tambomayo gold mine.