Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) Releases 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 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 analysts’ expectations of $315.77 million.

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

Shares of BVN traded down $0.45 during trading hours on Friday, reaching $12.66. 4,006,559 shares of the company traded hands, compared to its average volume of 822,672. 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 stock has a market capitalization of $3.21 billion, a PE 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 stock has a fifty day simple moving average of $12.71 and a 200 day simple moving average of $12.95.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. StockNews.com upgraded Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a research report 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 on the stock in a report on Thursday, November 21st.

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.