Research Analysts Offer Predictions for BVN FY2024 Earnings

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) – Stock analysts at Scotiabank dropped their FY2024 EPS estimates for Compañía de Minas Buenaventura S.A.A. in a note issued to investors on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now forecasts that the mining company will earn $1.16 per share for the year, down from their prior estimate of $1.34. Scotiabank has a “Sector Perform” rating and a $15.00 price objective on the stock. The consensus estimate for Compañía de Minas Buenaventura S.A.A.’s current full-year earnings is $1.22 per share. Scotiabank also issued estimates for Compañía de Minas Buenaventura S.A.A.’s FY2025 earnings at $1.53 EPS.

Several other analysts have also commented on BVN. 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. Morgan Stanley dropped their target price on Compañía de Minas Buenaventura S.A.A. from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, September 19th.

Compañía de Minas Buenaventura S.A.A. Stock Up 4.0 %

BVN stock opened at $12.61 on Thursday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.40 and a quick ratio of 1.17. Compañía de Minas Buenaventura S.A.A. has a 1-year low of $11.50 and a 1-year high of $18.84. The stock has a market capitalization of $3.20 billion, a P/E ratio of 8.94 and a beta of 0.81. The business has a fifty day moving average price of $12.36 and a 200-day moving average price of $13.69.

Institutional Investors Weigh In On Compañía de Minas Buenaventura S.A.A.

Hedge funds have recently bought and sold shares of the business. Sei Investments Co. lifted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 0.4% in the 2nd quarter. Sei Investments Co. now owns 200,705 shares of the mining company’s stock worth $3,402,000 after acquiring an additional 800 shares during the last quarter. Diversify Wealth Management LLC lifted its stake in Compañía de Minas Buenaventura S.A.A. by 2.4% in the third quarter. Diversify Wealth Management LLC now owns 37,092 shares of the mining company’s stock worth $501,000 after purchasing an additional 876 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Compañía de Minas Buenaventura S.A.A. by 18.7% during the third quarter. GAMMA Investing LLC now owns 5,897 shares of the mining company’s stock valued at $82,000 after buying an additional 929 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Compañía de Minas Buenaventura S.A.A. by 63.7% during the second quarter. EverSource Wealth Advisors LLC now owns 2,709 shares of the mining company’s stock valued at $42,000 after buying an additional 1,054 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the second quarter worth approximately $35,000.

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.