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

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) released its quarterly earnings results on Thursday. The mining company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.07), Zacks reports. Compañía de Minas Buenaventura S.A.A. had a return on equity of 6.15% and a net margin of 32.40%. The company 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. Price Performance

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

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. 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. Scotiabank raised Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 target price for the company 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.