Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Issues 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 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.07), Zacks reports. The firm had revenue of $299.59 million for the quarter, compared to the consensus estimate 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. Price Performance

Shares of BVN traded down $0.45 during trading hours on Friday, hitting $12.66. 4,006,559 shares of the company were exchanged, compared to its average volume of 822,672. The company has a market cap of $3.21 billion, a price-to-earnings ratio of 8.98 and a beta of 0.80. 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. The company has a quick ratio of 1.64, a current ratio of 1.82 and a debt-to-equity ratio of 0.07. The firm’s fifty day moving average is $12.71 and its 200 day moving average is $12.95.

Analysts Set New Price Targets

Several research firms 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 on the stock in a research report on Thursday, November 21st. StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a report on Friday, December 27th.

About Compañía de Minas Buenaventura S.A.A.

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.