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

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

Compañía de Minas Buenaventura S.A.A. Trading Down 3.4 %

Shares of Compañía de Minas Buenaventura S.A.A. stock traded down $0.45 during trading hours on Friday, reaching $12.66. The stock had a trading volume of 4,006,559 shares, compared to its average volume of 822,672. The firm has a 50 day simple moving average of $12.71 and a two-hundred day simple moving average of $12.95. The firm has a market capitalization of $3.21 billion, a price-to-earnings ratio of 8.98 and a beta of 0.80. The company has a current ratio of 1.82, a quick ratio of 1.64 and a debt-to-equity ratio of 0.07. Compañía de Minas Buenaventura S.A.A. has a 1 year low of $11.50 and a 1 year high of $18.84.

Analysts Set New Price Targets

BVN has been the topic of a number of research analyst reports. StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research note on Friday, December 27th. 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 on the stock in a report on Thursday, November 21st.

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.