Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Posts Earnings Results, Misses Expectations By $0.06 EPS

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) released its quarterly earnings results on Tuesday. The mining company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.06), Zacks reports. Compañía de Minas Buenaventura S.A.A. had a net margin of 9.54% and a return on equity of 3.17%. The firm had revenue of $277.11 million during the quarter, compared to analyst estimates of $252.21 million. During the same quarter last year, the firm earned ($0.03) earnings per share.

Compañía de Minas Buenaventura S.A.A. Stock Performance

NYSE:BVN traded down $0.35 during trading hours on Thursday, hitting $15.15. 1,896,397 shares of the stock were exchanged, compared to its average volume of 1,425,051. The company has a quick ratio of 1.14, a current ratio of 1.40 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average is $16.96 and its two-hundred day moving average is $16.38. Compañía de Minas Buenaventura S.A.A. has a twelve month low of $7.57 and a twelve month high of $18.84.

Analyst Ratings Changes

BVN has been the topic of a number of research analyst reports. Morgan Stanley upgraded Compañía de Minas Buenaventura S.A.A. from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $19.00 to $21.00 in a research report on Friday, June 21st. Scotiabank increased their target price on Compañía de Minas Buenaventura S.A.A. from $15.00 to $16.00 and gave the stock a “sector underperform” rating in a report on Thursday, May 23rd. Finally, StockNews.com raised Compañía de Minas Buenaventura S.A.A. from a “sell” rating to a “hold” rating in a report on Wednesday, May 1st.

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.