Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Issues Quarterly Earnings Results, Misses Expectations By $0.07 EPS

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) posted its earnings results on Thursday. The mining company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.07), Zacks reports. The business had revenue of $299.59 million for the quarter, compared to analysts’ expectations of $315.77 million. Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%.

Compañía de Minas Buenaventura S.A.A. Stock Performance

Shares of BVN traded down $0.45 during mid-day trading on Friday, hitting $12.66. The stock had a trading volume of 4,006,559 shares, compared to its average volume of 822,672. The company has a market cap of $3.21 billion, a PE ratio of 8.98 and a beta of 0.80. The company’s fifty day simple moving average is $12.71 and its two-hundred day simple moving average is $12.95. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07. Compañía de Minas Buenaventura S.A.A. has a fifty-two week low of $11.50 and a fifty-two week high of $18.84.

Analyst Ratings Changes

A number of brokerages have weighed in on BVN. Scotiabank upgraded Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price objective for the company in a research note on Thursday, November 21st. StockNews.com upgraded Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research note on Friday, December 27th.

Compañía de Minas Buenaventura S.A.A. Company Profile

Compañía de Minas Buenaventura SAA. engages in the exploration, development, construction, and operation of mineral processing business. The company explores for gold, silver, lead, zinc, and copper metals. It operates operating mining units, including Tambomayo located in the Caylloma province, Orcopampa Unit located in the province of Castilla, Uchucchacua located in province of Oyón, Julcani located in province of Angaraes, Peru, as well as San Gabrie located in the province of General Sánchez Cerro, in the Moquegua region.