Scotiabank Lifts Earnings Estimates for Buenaventura Mining

Buenaventura Mining Company Inc. (NYSE:BVN) – Scotiabank raised their FY2026 earnings per share (EPS) estimates for Buenaventura Mining in a research report issued to clients and investors on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now expects that the mining company will post earnings per share of $4.45 for the year, up from their previous estimate of $4.12. Scotiabank currently has a “Sector Perform” rating and a $40.00 price target on the stock. The consensus estimate for Buenaventura Mining’s current full-year earnings is $4.39 per share. Scotiabank also issued estimates for Buenaventura Mining’s FY2027 earnings at $3.79 EPS.

Buenaventura Mining (NYSE:BVN) last issued its earnings results on Thursday, April 30th. The mining company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.23. The company had revenue of $624.56 million for the quarter, compared to analyst estimates of $666.00 million. Buenaventura Mining had a return on equity of 24.89% and a net margin of 47.72%.

BVN has been the subject of a number of other reports. Wall Street Zen upgraded shares of Buenaventura Mining from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 28th. Morgan Stanley dropped their price target on shares of Buenaventura Mining from $42.50 to $34.50 and set an “overweight” rating on the stock in a research note on Wednesday, July 8th. Weiss Ratings downgraded shares of Buenaventura Mining from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Finally, Zacks Research lowered shares of Buenaventura Mining from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Buenaventura Mining presently has a consensus rating of “Moderate Buy” and a consensus target price of $37.25.

Buenaventura Mining Trading Down 0.2%

NYSE:BVN opened at $30.18 on Monday. The stock’s 50 day moving average price is $32.50 and its 200 day moving average price is $34.43. Buenaventura Mining has a 52 week low of $16.43 and a 52 week high of $44.67. The company has a market capitalization of $7.66 billion, a P/E ratio of 7.84 and a beta of 0.42. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.88 and a current ratio of 2.01.

Institutional Investors Weigh In On Buenaventura Mining

Several hedge funds and other institutional investors have recently made changes to their positions in BVN. Raymond James Financial Inc. bought a new position in shares of Buenaventura Mining in the second quarter worth about $32,000. Banque Cantonale Vaudoise bought a new stake in Buenaventura Mining during the 1st quarter valued at approximately $45,000. Smartleaf Asset Management LLC boosted its stake in Buenaventura Mining by 1,725.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,917 shares of the mining company’s stock valued at $55,000 after purchasing an additional 1,812 shares during the period. Headlands Technologies LLC grew its holdings in Buenaventura Mining by 60.9% in the 2nd quarter. Headlands Technologies LLC now owns 3,761 shares of the mining company’s stock valued at $62,000 after buying an additional 1,424 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in Buenaventura Mining by 199.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,449 shares of the mining company’s stock valued at $96,000 after buying an additional 2,298 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.