Buenaventura Mining (NYSE:BVN – Get Free Report) posted its earnings results on Thursday. The mining company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.10, FiscalAI reports. Buenaventura Mining had a net margin of 50.88% and a return on equity of 26.53%. The company had revenue of $545.33 million for the quarter, compared to analyst estimates of $439.69 million.
Buenaventura Mining Trading Down 4.3%
NYSE BVN traded down $1.20 on Friday, reaching $26.39. The company had a trading volume of 1,732,912 shares, compared to its average volume of 1,319,006. The business has a 50 day moving average of $32.52 and a two-hundred day moving average of $33.94. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.59 and a quick ratio of 2.43. The firm has a market cap of $6.70 billion, a price-to-earnings ratio of 5.97 and a beta of 0.43. Buenaventura Mining has a fifty-two week low of $21.04 and a fifty-two week high of $44.67.
Wall Street Analysts Forecast Growth
BVN has been the subject of a number of analyst reports. Wall Street Zen raised shares of Buenaventura Mining from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. Scotiabank reduced their price target on Buenaventura Mining from $44.00 to $40.00 and set a “sector perform” rating for the company in a report on Tuesday, July 14th. Morgan Stanley lowered their price target on Buenaventura Mining from $42.50 to $34.50 and set an “overweight” rating on the stock in a research report on Wednesday, July 8th. Zacks Research raised Buenaventura Mining from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 13th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Buenaventura Mining in a research note on Thursday. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $37.25.
View Our Latest Research Report on Buenaventura Mining
Buenaventura Mining Company Profile
Compañía de Minas Buenaventura SAA., known as Buenaventura Mining, is a Peru-based mining company engaged in the exploration, development, construction, and operation of mineral projects. Its portfolio includes precious and base metals, with primary exposure to gold, silver, copper, lead, and zinc.
Founded in 1953, Buenaventura operates primarily in Peru. Its activities have included the Uchucchacua, Tambomayo, La Zanja, Coimolache, and El Brocal mining operations, as well as exploration and development projects across the country.
Read More
- Five stocks we like better than Buenaventura Mining
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for Buenaventura Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buenaventura Mining and related companies with MarketBeat.com's FREE daily email newsletter.
