Scotiabank Lifts Earnings Estimates for Buenaventura Mining

Buenaventura Mining Company Inc. (NYSE:BVN) – 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 forecasts that the mining company will post earnings of $4.57 per share for the year, up from their previous estimate of $3.72. Scotiabank currently has a “Sector Perform” rating and a $44.00 target price 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.

BVN has been the topic of a number of other research reports. Zacks Research upgraded Buenaventura Mining from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 5th. Wall Street Zen raised Buenaventura Mining from a “hold” rating to a “buy” rating in a research report on Sunday, March 1st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Buenaventura Mining in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $44.00.

Buenaventura Mining Price Performance

Shares of BVN opened at $37.22 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.27 and a quick ratio of 2.05. Buenaventura Mining has a 1-year low of $12.56 and a 1-year high of $44.67. The stock has a market cap of $9.44 billion, a PE ratio of 12.08 and a beta of 0.26. The firm has a fifty day moving average price of $35.99 and a 200 day moving average price of $27.87.

Buenaventura Mining (NYSE:BVN) last posted its earnings results on Thursday, February 26th. The mining company reported $1.62 EPS for the quarter, beating 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 firm had revenue of $623.40 million for the quarter, compared to the consensus estimate of $451.60 million.

Institutional Investors Weigh In On Buenaventura Mining

Institutional investors and hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. grew its holdings in shares of Buenaventura Mining by 27.8% during the first quarter. Goldman Sachs Group Inc. now owns 427,509 shares of the mining company’s stock worth $6,682,000 after buying an additional 93,021 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Buenaventura Mining by 2.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,278,411 shares of the mining company’s stock valued at $19,982,000 after acquiring an additional 25,440 shares during the period. Savant Capital LLC purchased a new stake in Buenaventura Mining during the 2nd quarter valued at approximately $166,000. Fox Run Management L.L.C. lifted its position in Buenaventura Mining by 174.7% during the 2nd quarter. Fox Run Management L.L.C. now owns 57,223 shares of the mining company’s stock worth $940,000 after acquiring an additional 36,395 shares during the period. Finally, Aviva PLC lifted its position in Buenaventura Mining by 2.3% during the 2nd quarter. Aviva PLC now owns 118,894 shares of the mining company’s stock worth $1,952,000 after acquiring an additional 2,717 shares during the period.

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.