$0.18 Earnings Per Share Expected for Compania de Minas Buenaventura SAA (NYSE:BVN) This Quarter

Wall Street analysts forecast that Compania de Minas Buenaventura SAA (NYSE:BVN) will report earnings per share of $0.18 for the current quarter, according to Zacks. Zero analysts have made estimates for Compania de Minas Buenaventura SAA’s earnings. Compania de Minas Buenaventura SAA reported earnings per share of $0.05 in the same quarter last year, which suggests a positive year over year growth rate of 260%. The company is expected to announce its next earnings report on Thursday, February 20th.

According to Zacks, analysts expect that Compania de Minas Buenaventura SAA will report full-year earnings of $0.46 per share for the current year. For the next fiscal year, analysts expect that the firm will post earnings of $0.80 per share. Zacks’ EPS averages are an average based on a survey of analysts that cover Compania de Minas Buenaventura SAA.

Compania de Minas Buenaventura SAA (NYSE:BVN) last released its quarterly earnings results on Tuesday, October 29th. The mining company reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.10). The business had revenue of $230.20 million for the quarter, compared to analysts’ expectations of $224.91 million. Compania de Minas Buenaventura SAA had a negative net margin of 2.91% and a positive return on equity of 1.92%. Compania de Minas Buenaventura SAA’s revenue for the quarter was down 14.4% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.04) EPS.

BVN has been the subject of several analyst reports. Zacks Investment Research raised shares of Compania de Minas Buenaventura SAA from a “sell” rating to a “hold” rating in a research report on Monday, August 26th. ValuEngine raised shares of Compania de Minas Buenaventura SAA from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $18.00.

Compania de Minas Buenaventura SAA stock traded down $0.11 during midday trading on Wednesday, hitting $15.27. 1,277,830 shares of the company’s stock were exchanged, compared to its average volume of 1,196,007. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.43 and a current ratio of 1.73. Compania de Minas Buenaventura SAA has a 12 month low of $13.46 and a 12 month high of $17.85. The firm has a 50-day moving average of $14.82 and a two-hundred day moving average of $15.38. The company has a market cap of $3.92 billion, a PE ratio of 47.72 and a beta of 0.46.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BVN. Skandinaviska Enskilda Banken AB publ acquired a new position in shares of Compania de Minas Buenaventura SAA during the second quarter worth about $77,000. Voloridge Investment Management LLC purchased a new stake in shares of Compania de Minas Buenaventura SAA during the second quarter worth approximately $170,000. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Compania de Minas Buenaventura SAA during the second quarter worth approximately $173,000. Vestmark Advisory Solutions Inc. grew its holdings in Compania de Minas Buenaventura SAA by 8.0% during the third quarter. Vestmark Advisory Solutions Inc. now owns 11,395 shares of the mining company’s stock worth $173,000 after acquiring an additional 848 shares during the period. Finally, NumerixS Investment Technologies Inc grew its holdings in Compania de Minas Buenaventura SAA by 181.6% during the second quarter. NumerixS Investment Technologies Inc now owns 10,700 shares of the mining company’s stock worth $178,000 after acquiring an additional 6,900 shares during the period. 61.23% of the stock is owned by institutional investors.

About Compania de Minas Buenaventura SAA

Compañía de Minas Buenaventura SAA., a precious metals company, engages in the exploration, mining, and processing of gold, silver, lead, zinc, and copper metals in Peru, the United States, Europe, and Asia. The company operates five operating mining units, including Uchucchacua, Orcopampa, Julcani, Mallay, and Tambomayo in Peru; and San Gabriel, a mining unit under development stage.

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